Financial fraud is on the rise and, despite best efforts in prevention and governance, most fraud is still detected by chance. Perhaps understanding the working of criminal minds might help companies avoid becoming victims. In his new book, Why They Do It: Inside the Mind of the White-Collar Criminal (read more), Harvard professor Eugene Soltes attempts to explain why business executives – people who already have status and wealth – commit financial crimes. Soltes’ book features first-hand observations and self-justifications of a “Murderers’ Row” of white-collar crime.

Read the full article at the NZ Herald.