fraud and its implications in Saudi Arabia

fraud and its implications in Saudi Arabia

Read the following:

Alanezi, F., & Brooks, L. (2014). Combatting online fraud in Saudi Arabia using general deterrence theory (GDT). Retrieved from https://pdfs.semanticscholar.org/d677/e2f6e53e133e…

Discuss the following:

How do you view the perception of online fraud and its implications in Saudi Arabia?
From the material do you think there is a need to step up awareness campaign in the region
What can you propose as a strategy to increase detection and prevention of fraudulent activities in Saudi Arabia?
Directions:

Your paper should be 4-5 pages in length, not including the title or reference pages.
Be sure to provide citations from your readings and additional research to support your statements.
Your paper must follow academic writing standards and APA style guidelines, as appropriate.

Solution Preview

Introduction
Fraud is defined as the wrongful or criminal deception with the intention of securing unfair as well as unlawful benefits. Fraud deprives the affected victims their legal right. There are different forms of frauds. Nowadays, one of the major dubious business transactions that are carried out electronically is online fraud. This kind of fraud has reached a scaring rate throughout the globe and has turned into a primary bulk for administrations as well as governments. In recent days, online fraud has taken different dimensions where hoaxers attack the internet world through the use of various means as well as techniques to earn money.

(1,290 words)