Psychology of Fraud and Corruption (Criminology Intro in CIAPS, Cambridge, UK)

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Three types of financial crime: money laundering, fraud, and corruption.

FRAUD

White collar criminals are different to street criminals, more narcissistic.

Immunity and impunity

Impulsivity

Alloplastic defenses

Entitlement and envy

Ego-syntony: competitive and driven pride

Fantasy and pseudo-psychosis (paracosm)

Dysempathy

Symbol manipulation: unreality, movie, reframing, confabulation, magical thinking

Recklessness (no consequences, no future)

Defiance and contumaciousness (reactance, above the law)

Psychopathic (antisocial or dissocial) goal-orientation

Lies, gaslighting (con-man)

Parallel double lives, dissociation

Grandiosity

No remorse, instrumentalizing

Attention-seeking

Risk and thrill seeking and arousal

CORRUPTION

Kleptomania: compulsive venality

Excitement, thrills

Anxiolytic, letting off steam, self-soothing

Money as love substitute

Self-enhancement (confidence, regulation of sense of self-worth)

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