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e. Embezzlement (from Anglo-Norman, from Old French besillier ("to torment, etc."), of unknown origin) [1] is a term commonly used for a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a ...
Money laundering is the conversion or transfer of property; the concealment or disguising of the nature of the proceeds; the acquisition, possession or use of property, knowing that these are derived from criminal acts; the participating in or assisting the movement of funds to make the proceeds appear legitimate.
Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. [1] In many instances, bank fraud is a criminal offence. While the specific elements of particular banking ...
Financial crime is crime committed against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and benefit. Financial crimes may involve fraud (cheque fraud, credit card fraud, mortgage fraud, medical fraud, corporate fraud, securities fraud (including insider trading ...
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information. [ 1 ][failed verification][ 2 ][ 3 ] The setups are generally made to result in monetary gain for the deceivers, and generally ...
v. t. e. The term " white-collar crime " refers to financially motivated, nonviolent or non-directly violent crime committed by individuals, businesses and government professionals. [1] The crimes are believed to be committed by middle- or upper-class individuals for financial gains. [2]
Theft is the act of taking another person's property or services without that person's permission or consent with the intent to deprive the rightful owner of it. [1] [2] [3] The word theft is also used as a synonym or informal shorthand term for some crimes against property, such as larceny, robbery, [1] embezzlement, extortion, blackmail, or receiving stolen property. [2]
Money laundering and other creative accounting practices that are misused in ways to disguise sources of illegal funds. Organized, coordinated, and repeated or regular theft operations, including: pickpocketing, burglary, smash and grab, home invasion, gasoline theft, metal theft, train robbery, armed robbery, bank robbery and art theft; Terrorism