Victimology is a fundamental notion in the consideration of criminal injustices whereby it focuses on conventional crimes and i...
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...aud and forgery were recorded in contrast to 739,651 cases of violence against the victim reported and recorded. Considering the implications following the financial crisis, it would be expected that the rate of criminality and cases recorded and reported would experience an increase, rather it cost £73 billion to the UK economy alone. Conjointly, the statistical information disclose that a poor 1.5 per cent of fraudulent crimes are reported and further an abysmal and inexcusable 0.4 per cent of which receive criminal sanctions. Subsequent to the historical financial crisis that impacted the economy globally, the exposure of financial fraud and misconduct occurring in highly regarded corporations became a national and global phenomenon, hence it is challenging to comprehend how the rate of conviction compared to violent crime was significantly lower (Ryder 2014: 1).
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