Tip of the iceberg in white-collar crime convictions: lack of detection or lack of prosecution
by Petter Gottschalk; Lars Gunnesdal
International Journal of Business Continuity and Risk Management (IJBCRM), Vol. 7, No. 2, 2017

Abstract: Based on the research method of expert elicitation, the tip of the iceberg in white-collar crime in Norway is estimated at 10%. We know that the magnitude of convicted white-collar crime is 696 million Norwegian kroner (approximately $87 million). Given that these convicts only represent 10% of the estimated offender population, the total magnitude of white-collar crime in Norway is 6.96 billion Norwegian kroner (approximately $870 million). With a population of 5 million inhabitants as compared to the USA with 321 million inhabitants, the equivalent of $870 million detected in Norway would be $56 billion in the USA. Lack of detection is the main reason for the size of the iceberg under the water, followed by lack of investigation, lack of prosecution, and lack of conviction.

Online publication date: Tue, 22-Aug-2017

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Continuity and Risk Management (IJBCRM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com