Wednesday, August 31, 2011

Research Center for the Prevention of Financial Fraud

The Stanford University Center on Longevity and the FINRA Investor Education Foundation have joined forces to create the Research Center on the Prevention of Financial Fraud. The center is an "interdisciplinary resource for law enforcement, government and research groups studying financial fraud." The center plans to address the following questions:
  • Who is most susceptible to financial fraud?
  • How can people be effectively protected against fraud?
  • What techniques do fraudsters use to persuade victims?
  • Why do people fall victim to fraud?
  • What is the economic and emotional impact of fraud in the U.S.?
If the fraud is committed online, the United States Department of Justice addresses fraud and cybercrime on its Computer Crime & Intellectual Property Section page which includes information about how to report cyber and IP crime.