Literature DB >> 28259392

Financial fraud and health: the case of Spain.

Maria Victoria Zunzunegui1, Emmanuelle Belanger2, Tarik Benmarhnia3, Milena Gobbo4, Angel Otero5, François Béland2, Fernando Zunzunegui6, Jose Manuel Ribera-Casado7.   

Abstract

OBJECTIVE: To examine whether financial fraud is associated with poor health sleeping problems and poor quality of life.
METHODS: Pilot study (n=188) conducted in 2015-2016 in Madrid and León (Spain) by recruiting subjects affected by two types of fraud (preferred shares and foreign currency mortgages) using venue-based sampling. Information on the monetary value of each case of fraud; the dates when subjects became aware of being swindled, lodged legal claim and received financial compensation were collected. Inter-group comparisons of the prevalence of poor physical and mental health, sleep and quality of life were carried according to type of fraud and the 2011-2012 National Health Survey.
RESULTS: In this conventional sample, victims of financial fraud had poorer health, more mental health and sleeping problems, and poorer quality of life than comparable populations of a similar age. Those who had received financial compensation for preferred share losses had better health and quality of life than those who had not been compensated and those who had taken out foreign currency mortgages.
CONCLUSION: The results suggest that financial fraud is detrimental to health. Further research should examine the mechanisms through which financial fraud impacts health. If our results are confirmed psychological and medical care should be provided, in addition to financial compensation.
Copyright © 2017 SESPAS. Publicado por Elsevier España, S.L.U. All rights reserved.

Keywords:  Financial fraud; Fraudes financieros; Mental health; Physical health; Salud física; Salud mental; Sleep and quality of life; Sueño y calidad de vida

Mesh:

Year:  2017        PMID: 28259392     DOI: 10.1016/j.gaceta.2016.12.012

Source DB:  PubMed          Journal:  Gac Sanit        ISSN: 0213-9111            Impact factor:   2.139


  3 in total

1.  Impact of self-reported bank fraud on self-rated health, comorbidity and pain.

Authors:  Belén Sanz-Barbero; Ana Rico Gómez; Alba Ayala; Patricia Recio; Encarnación Sarriá; Manuel Díaz-Olalla; María Victoria Zunzunegui
Journal:  Int J Public Health       Date:  2019-11-08       Impact factor: 3.380

2.  Financial Fraud, Mental Health, and Quality of Life: A Study on the Population of the City of Madrid, Spain.

Authors:  Encarnación Sarriá; Patricia Recio; Ana Rico; Manuel Díaz-Olalla; Belén Sanz-Barbero; Alba Ayala; María Victoria Zunzunegui
Journal:  Int J Environ Res Public Health       Date:  2019-09-06       Impact factor: 3.390

Review 3.  A Scoping Review and Conceptual Framework Examining the Role of Sleep Disturbance in Financial Exploitation in Older Adults.

Authors:  Jessica R Armendariz; S Duke Han; Constance H Fung
Journal:  Gerontol Geriatr Med       Date:  2022-08-04
  3 in total

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