Deviant Legitimacy — A Theory of Financial Crime

Abstract

In this article, the author begins by restating the theory of criminogenesis which he first examined in an earlier article that dealt with the activities of the futures and derivatives markets. He then extends the theory of criminal potential by examining the conduct of those who work within the Life Assurance and Pensions industry, with particular emphasis on the marketing of personal pensions, and attempts to show that such activity can properly be defined as ‘organised crime’.