What does financial crime mean?
Definitions for financial crime
fi·nan·cial crime
This dictionary definitions page includes all the possible meanings, example usage and translations of the word financial crime.
Wikipedia
Financial crime
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), bank fraud, insurance fraud, market manipulation, payment (point of sale) fraud, health care fraud); theft; scams or confidence tricks; tax evasion; bribery; sedition; embezzlement; identity theft; money laundering; and forgery and counterfeiting, including the production of Counterfeit money and consumer goods. Financial crimes may involve additional criminal acts, such as computer crime, elder abuse, burglary, armed robbery, and even violent crime such as robbery or murder. Financial crimes may be carried out by individuals, corporations, or by organized crime groups. Victims may include individuals, corporations, governments, and entire economies.
Numerology
Chaldean Numerology
The numerical value of financial crime in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of financial crime in Pythagorean Numerology is: 9
Examples of financial crime in a Sentence
We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards.
The practices and the banking model of that time are no longer acceptable, our clients want to know that we have changed and the past practices they read about in the papers have no place in our modern private bank. And from our side we have absolutely no appetite to do business with clients or potential clients who are evading their taxes or who fail to meet our financial crime compliance standards.
It is essential to consumer protection, market integrity and the prevention of financial crime that we can rely on firms giving us the right information at the right time, bank of Beirut's failings impeded us and left it open to the risk that it might be used for financial crime.
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"financial crime." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/financial+crime>.
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