Financial Frauds and Pseudo-States in the Pacific Islands

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Title Financial Frauds and Pseudo-States in the Pacific Islands
Author Van Fossen, Anthony Belgrano
Journal Name Crime, Law and Social Change
Editor Alan Block
Year Published 2002
Place of publication Netherlands
Publisher Kluwer Academic Publishers Group
Abstract Since 1990 financial frauds have been associated with pseudo-states in thePacific Islands, particularly the Dominion of Melchizedek. The relative success of these schemes can be understood in terms of (i) the general atmosphere of overconfidence about financial dealings that prevailed during the decade to early 2000, (ii) Melchizedek's creation of opportunities for a growing mutually supportive network of fraudsters, (iii) this pseudo-state's identification with a rising global tide of secession and indigenous self-determination through its increasing involvement in a variety ofethnic nationalist movements in Oceania that have been connected with questionable financial dealings, and (iv) the attractiveness of its developing postmodern personality as a libertarian cyber-state. The article concludes by seeing Melchizedek's facilitation of financialfrauds as a challenge to recent libertarian thinking about the law of cyberspace and the anticipated neo-medieval world-system
Peer Reviewed Yes
Published Yes
Alternative URI
Volume 37
Issue Number 4
Page from 357
Page to 378
ISSN 0925-4994
Date Accessioned 2003-04-15
Language en_AU
Research Centre Griffith Asia Institute
Faculty Faculty of Arts
Subject PRE2009-Political Economy
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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