Documentary credit fraud against banks: analysis of Korean cases
Purpose – This paper aims to explore the feature and mechanism of a new type of documentary credit fraud that victimizes banks’ issuing letters of credit (L/C), harming neither the importer nor the exporter and seeks to suggest possible measures to tackle it. Design/methodology/approach – This study analyzed 30 cases of documentary credit fraud against banks that were detected by the Korea Customs Service (KCS) and interviewed three key customs investigators to interpret the case reports more accurately and gain a deeper understanding into the mechanisms governing the fraud. This study draws on routine activity theory and crime pattern theory to analyze the opportunity structures of this fraud. Findings – This study found that the importer that engaged in the fraud cases had established a solid business relationship with the exporter and had established trust with the victimized banks; the banks, despite the fact that they had their own risk management systems to screen out unqualified L/C applicants, wer...
Systematic Quantitative Literature Review on Criminological Theories in Asia
Empirical work on criminological theories in Asia has been increasing. However, few comprehensive and systematic reviews on the application of criminological theories in Asia have been conducted. Using a systematic quantitative literature review method on peer-reviewed English-language journal articles, we aim to provide an overview of the use of five major criminological theories in Asia: (1) strain; (2) social learning; (3) control; (4) routine activity; and (5) developmental and life-course. In particular, we address the following four questions: (1) how often are these theories tested in which region of Asia?; (2) what methodology is used to test these theories?; (3) to what extent are these theories supported in the Asian context?; and (4) what cultural uniqueness in the Asian context is taken into account in testing these theories, and what role and effect do they play in analysis and outcome? Findings indicate that the relationship between these theories and the Asian regions is skewed; many studies do not employ rigorous methodologies; these theories are either fully or partially supported in the Asian context; and only a few studies have analyzed the cultural uniqueness of the Asian context, and no effect of cultural uniqueness of the Asian context was found. Research implications for developing criminology in Asia are discussed.
Development of Science and Technology in the Iranian Electric Power Industry: Challenges and Future Progress
This chapter examines four key segments of the electric power industry in Iran: generation, transportation, distribution and consumption. It reviews the method, development, and evolution of electric power generation in the country. Specifically, the chapter reviews the structure of the electric industry, the main players, institutions, standards as well as laws, human resources, technology, the export and import markets, and engineering management of the industry in the country. Finally, the challenges facing the industry will be identified and policy suggestions to remedy the problems will be provided.