Other people’s problems: is the criminal justice system meeting the needs of small and medium sized businesses that have been defrauded?

Hargreaves, Alex (2014) Other people’s problems: is the criminal justice system meeting the needs of small and medium sized businesses that have been defrauded? MSc dissertation, University of Portsmouth.

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    Abstract

    The aim of this work is to critically examine whether engaging with the criminal justice system is the most effective course of action for small and medium sized enterprises (SMEs) that have been defrauded. The manner in which fraud is recorded by public sector bodies and the scarcity of independent research into fraud as it pertains to SMEs makes it impossible to make a quantative assessment of the benefit for an SME. In its stead this work aims to undertake a literature review focussing on the recent developments around the investigation of fraud in England and Wales, how they have impacted on the investigation of fraud reported by SMEs and what other avenues an SME can take to prevent and remedy fraud. The size of a business does not seem to be considered when calculating the harm a fraud has done. There appears to be no serious attempt at the moment for the criminal justice system to recognise SMEs as a separate class of victim or cater to their unique needs. The National Fraud strategy demonstrates recognition that fraud has not been adequately prioritised by investigative and prosecuting authorities and sets out plans for partnership work between private industry and the public sector investigative bodies. There are a great deal of relatively simple and cost effective steps a small or medium sized enterprise can take to make themselves less likely to become a victim of fraud and better able to cope should they become a victim of fraud but this information is not made widely available. Most of this expertise is centred in the private sector and is generally utilised by larger businesses. While police services and other public sector bodies do offer crime prevention advice relating to fraud this is generally aimed at individuals and is of limited use to a business.

    Item Type: Dissertation
    Departments/Research Groups: Faculty of Humanities and Social Sciences > Institute of Criminal Justice Studies
    Depositing User: Beth Atkins
    Date Deposited: 06 Feb 2015 10:40
    Last Modified: 06 Feb 2015 10:40
    URI: http://eprints.port.ac.uk/id/eprint/16703

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