Criminology Commons^™

Control Fraud In America: Are We Structurally Encouraging Control Fraud?, Emmanuel J. Connell

Senior Honors Theses and Projects

Control fraud, defined as a criminal in control of a company using it as a weapon and shield to defraud others and makes it difficult to detect and punish the fraud, has become a social epidemic (Black, 2005, 1); (Wheeler & Rothman, 1982, 1403). Since the savings and loans scandal of the 1980's, control frauds have been looting and manipulating others virtually unchallenged by any government regulatory agencies. White collar control frauds cause billions of dollars in damage to the public annually, while that of street crime causes far less damage in the range of millions. Despite the disparity in …