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Virtual Economies and Financial Crime

Author

Listed:
  • Clare Chambers-Jones

Abstract

Clare Chambers-Jones examines the jurisprudential elements of cyber law in the context of virtual economic crime and explains how virtual economic crime can take place in virtual worlds. She looks at the multi-layered and interconnected issues association with the increasing trend of global and virtual banking via the ‘Second Life’ MMOG (Massively Multiplayer Online Game). Through this fascinating case study, the author illustrates how virtual worlds have created a second virtual economy which transgresses into the real, creating economic, political and social issues. Loopholes used by criminals to launder money through virtual worlds (given the lack of jurisdictional consensus on detection and prosecution) are also highlighted.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Clare Chambers-Jones, 2012. "Virtual Economies and Financial Crime," Books, Edward Elgar Publishing, number 14269.
    • Handle: RePEc:elg:eebook:14269
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    File URL: https://www.elgaronline.com/view/9781849809320.xml
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    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance; Law - Academic; Politics and Public Policy;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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