Financial crime

Crime against property Financial crime is any illegal activity involving money, finance or financial systems committed to secure personal or organizational gain. It includes crimes committed against property, involving the unlawful conversion of the ownership of property to one's own personal use and benefit. Financial crime covers a wide spectrum of illicit acts. Financial crimes may involve fraud (cheque fraud, credit card fraud, mortgage fraud, medical fraud, corporate fraud, securities fraud, bank fraud, insider trading, insurance fraud, market manipulation, payment (point of sale) fraud, health care fraud); scams or confidence tricks; tax evasion; bribery; embezzlement; extortion and blackmail; identity theft; money laundering and terrorist financing; and forgery and counterfeiting, including the production of counterfeit money and consumer goods. Financial crimes may be carried out by individuals, corporations, or by organized crime groups. Victims may include individuals, corporations, governments, and entire economies. Financial crimes may also involve additional criminal acts, such as computer crime and elder abuse and even violent crimes including robbery, armed robbery o