Global Internet Fraud and Socioeconomic Structural Factors – What are the Connections?

• In Event: Fraud and Piracy in the Digital Age

Abstract

This study examines the relationship between global internet fraud and socioeconomic structural factors. The data are collected, for the years of 2001 to 2010, from four sources: Internet Crime Complaints Center (IC3), the World Bank, the Organization for Economic Co-operation and Development (OECD), and the Transparency International. An Ordinary Least Squares (OLS) multivariate regression analysis is used to analyze the data. The analysis reveals that certain socioeconomic structural factors and characteristics of the most active Internet fraud perpetrators enhance the probability of Internet fraud offense.

Authors

• Charles Sinchul Back, Florida International University

• Suman Kakar, Florida International University

• Erik Cruz, Florida International University