Credit Fraud as One of the Dimensions in the Banking Crime

Abstract—This study aims to describe and understand if
fraud on banks could be categorized as a white-collar crime.
Fraud in banking is found in the majority of bank workers, who
are assisted by third parties. This study employs descriptive
qualitative research methods through a formal juridical
approach, review of banking regulations, and FGDs involving
the police, banking experts, and fraud perpetrators. Our result
found out that the prevailed credit fraud was a dominant part of
banking crime. Data above shows that the most significant
fraud/fraud in the credit sector, which reaches 5 percent,
indicates that credit is still a part that can encourage someone or
several people to commit fraud. Therefore, we obtained a
pattern/modus operandi of credit fraud that could be categorized
as one of the dimensions of crime in the banking sector and
white-collar crime. The result will be an alternative material to
prevent credit crime in banks.
Keywords—credit fraud, banking crime, white-collar crime