financial crime
Illegal monetary activity
Financial crime encompasses illegal activities involving money or financial systems—fraud, embezzlement, money laundering, tax evasion, insider trading, bribery.
The term groups offenses that exploit financial institutions or deceive people for monetary gain.
The bank established a financial crime unit to detect suspicious transactions.
White-collar crime overlaps substantially but isn't limited to finance.
- briberyCorrupt payment for influence
- smurfingEvasive transaction splitting
- forgeryCreating fraudulent imitations
- shell companiesLegally registered but inactive businesses
- kickbacksIllegal return payments
embezzlement · Ponzi scheme · placement · bid rigging · graft · beneficial ownership · cooking the books · influence peddling · dark money · integration · wire fraud · bank fraud · layering · RICO · front running · money laundering · structuring · offshore accounts
- wrongdoingmisconduct, sabotage, crimes, misbehavior, transgression
- financial crimesbank fraud, wire fraud, securities fraud, tax fraud, insurance fraud
- EU crime lawEuropol, Schengen, police cooperation, harmonization, defense rights
- fraud investigationforensic accounting, forensic audit, fraud detection, fraudulent schemes, embezzler
- currencydollar, euro, pound, yen, peso
- financial secrecybank secrecy, numbered accounts, Swiss banking, Swiss banks, offshore accounts
financial crimefinancial integrity
Ethical handling of money
fiduciary duty · fair dealing · charitable giving · philanthropy
financial crimeviolent crime
Offense involving force or threat
street crime · physical assault · armed robbery · murder · battery
financial crimeethical investing
Aligning portfolios with values
fiduciary duty · financial integrity · good governance · corporate ethics · fair trade