There are currently just over 2,400 billionaires and 15 million millionaires worldwide. Never before has there been more money and financial activity in the history of mankind. Emerging economic powers that provide multipolarity to the global economic axis. Intense and multiple global networks for the exchange of goods, resources and services. A culture of consumption that increasingly encompasses more nations. Do these conditions encourage greater intent and financial fraud actions? I appreciate your opinion on the subject.
Are you justifying a foregone conclusion about consumption, fraud and millionaires?
It all translates to greed. That of wanting and wanting to infinity. The moment the desire for pleasure and consumption is not moderated, then fraud is likely to prevail and be with us for a while.
Financial fraud is inherent in human makeup. With all the laws and regulations, this will be a never-ending struggle like sin. We are born with this and humanity has struggled to overcome this ever since.
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