Whitepaper – The Liminality of Fraud: Reimagining Fraud Theory to Inform Financial Crime Prevention

Whitepaper - The Liminality of Fraud: Reimagining Fraud Theory to Inform Financial Crime Prevention

We’re pleased to share an important new academic contribution to the field of fraud and financial crime prevention: The Liminality of Fraud: Reimagining Fraud Theory to Inform Financial Crime Prevention has been published in the British Journal of Criminology — one of the world’s leading peer-reviewed journals in the discipline.

This research offers a fresh theoretical framework that re-examines how fraudsters operate, highlighting the concept of “liminal spaces” — ambiguous in-between environments (online, offline and hybrid) that fraudsters deliberately exploit to conceal their identity, manipulate targets, and extract value not just through immediate financial gain but also by harvesting data for future misuse.