Business Schools Prepare Students To Fight Financial Crimes. Yet, Challenges Remain
The history of financial crimes likely stretches back millenniums starting with humanity’s use of monetary means. As civilizations modernized with laws to prohibit such crimes and to protect citizens, the fight against white-collar crimes has begun. However, to do so, not only knowledge of the law and legal system but also a profound understanding of finance is essential. Responding to a surge of scams, the enlarging underregulated cryptocurrency market, and Russian oligarchs’ continuous attempts to work around the international sanctions over the country’s invasion of Ukraine, finance faculties at business…