Corporate Investment Fraud Exploring Criminal Liability and the Legal Framework in Indonesian Context /
A prevalent form of fraudulent activities in the business sphere is investment fraud, which often affects unsuspecting members of the public. Investment fraud occurs when individuals or entities collect funds from the public without the required permits or authorizations. This study investigates the...
Elmentve itt :
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| Dokumentumtípus: | Cikk |
| Megjelent: |
2023
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| Sorozat: | Law and Justice
8 No. 2 |
| Tárgyszavak: | |
| doi: | 10.23917/laj.v8i2.2885 |
| mtmt: | 34573253 |
| Online Access: | http://publicatio.bibl.u-szeged.hu/29571 |
| Tartalmi kivonat: | A prevalent form of fraudulent activities in the business sphere is investment fraud, which often affects unsuspecting members of the public. Investment fraud occurs when individuals or entities collect funds from the public without the required permits or authorizations. This study investigates the establishment of a system of corporate criminal liability for economic crimes, particularly those related to investments. The primary focus is to comprehend how corporate entities are held liable within the legal framework for such activities. This research adopts a normative approach, viewing the legal framework as a composite system of norms encompassing principles, statutory regulations, judicial precedents, contractual agreements, and doctrinal teachings. The investigation reveals that the scrutiny of fraudulent activities in corporate and investment fraud highlights the vital role played by legal regulations and definitions in upholding the integrity of financial markets and ethical standards. This analysis sheds light on the substantial significance attached to addressing fraudulent behaviors within the legal framework, as evidenced by the provisions in the Criminal Code. These legal stipulations underscore the deliberate nature of deception, the use of false identities or positions, and the potential imposition of severe penalties, including imprisonment and fines, all employed as potent deterrents against fraudulent conduct. Furthermore, the examination of corporate criminal liability confirms that corporations, functioning as distinct legal entities, possess the capacity for legal accountability regarding the actions undertaken by their representatives, including those related to investment fraud. |
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| Terjedelem/Fizikai jellemzők: | 226-242 |
| ISSN: | 2549-8282 |