Wailing and pseudo–franchising as new types of financial fraud: features and threats

Abstract

Financial fraud in the 21st century is taking on new types. In modern conditions, legal entities are increasingly being attacked, and the confrontation is growing. To successfully repel fraud attacks, it is necessary to have knowledge about the transformation of fraud forms and methods by which attacks can be avoided and not become a victim of criminals. A special problem in this process is the information hidden by the entrepreneurs themselves as an attempt to save the image of the organization and their own credibility, as well as the multi#personality of the scammers.

The subject of the study is whaling and pseudo–franchising as new forms of financial fraud to which legal entities are exposed. The research methods are historical and logical. The result of the study is to substantiate the possibility of avoiding new forms of fraud in the modern market.