crimes Flashcards
What is fraud?
wrongful or criminal deception to result in personal/ financial gain
What is embezzlement?
secretly stealing money that has been entrusted into your care.
What is money laundering?
The process of hiding the origins of illegally obtained money, typically by trading it through a complex sequence of transactions to make it untraceable. ‘cleaning dirty money’
What is tax evasion?
a person or business illegally avoiding tax liability
What is collusion?
a secret agreement between two or more parties in order to cheat or deceive others
What is forgery
a copy or imitation of something such as a brand or document
What are insurance scams?
attempts to obtain benefits or advantages a person or party is not entitled to
What is fiddling expenses?
manipulating or inflating expenses for personal gain to avoid paying out of pocket/ exaggerating expenses
typical offenders of state crime?
politicians
