The "Forex" Market Fraud Investigation (Russian Experience)

The article analyzes the problematic issues that arise during the investigation of one of the most common types of fraud at the present stage, which consists in the misappropriation of funds by carrying out foreign exchange transactions using the "Forex" market. The authors note the actual lack of a developed methodology for investigating such crimes. A well-grounded conclusion is made that the consequence of these reasons is the evasion of persons committing such criminal acts from criminal prosecution by the competent authorities and officials on the territory of the Russian Federation and, accordingly, the actual absence of successful examples of judicial and investigative practice of bringing them to justice. Within the framework of the article, the analysis of legislation, various official sources and law enforcement practice is carried out, on the basis of which the peculiarities of carrying out some investigative and other procedural actions in the investigation of fraudulent events committed in the "Forex" market, due to the mechanism of this crime and the specifics of the personality of the persons involved, are revealed.