Institute for the Prevention of Financial Fraud
The Institute for the Prevention of Financial Fraud operates as part of the College of Criminology and Criminal Justice’s Center for Criminology and Public Policy Research. The Institute’s mission is to promote and conduct research related to financial fraud in the banking, insurance, and financial industries in order to expand the role of scholarship in public policy aimed at the prevention of financial fraud.
Specifically, the Institute will promote research aimed at empirically identifying the salient conditions and circumstances that contributed to repetitive failures in the United States’ major financial institutions. Financial fraud is commonly subsumed under the category of white-collar crime and has not been subject to meaningful empirical study in criminology often because of the difficulty of obtaining relevant data. With Florida’s unique banking disclosure laws, and the Institute will have an unprecedented research and public policy opportunity.