Financial Crimes Flashcards
white-collar
اداری، دفتری، کارمندی (دربرابر: کارگری، بدنی blue-color)
(Adjective) کارمند دفتری یا اداری (دربرابر: کارگر بدنی)
Related topics: Employment, Sociology
ˌwhite-ˈcollar adjective
1 [only before noun] white-collar workers have jobs in offices, banks etc rather than jobs working in factories, building things etc → blue-collar, pink-collar
white-collar jobs
2 → white-collar crime
Examples from the Corpus
white-collar
• But white-collar crime seems to be the new image of the law profession.
• In contrast, white-collar employment soared despite massive use of information technologies in areas such as accounting and finance.
• It should also be pointed out that white-collar industries have suffered from privatisation.
• The foremen, members of the white-collar Manufacturing Science and Finance union, were protesting over the threat of compulsory redundancies.
• Effective measurement of white-collar performance would require more than just measurement of efficiency.
• Stress and activity are the new white-collar sources of identity.
• The expansion of white-collar unionism was a particular feature of the most recent phase.
• a white-collar worker
• The economic recession has put many white-collar workers in danger of losing their jobs.
From Longman Business Dictionary
ˌwhite-ˈcollar adjective [only before a noun]
white-collar workers work in offices, banks etc, rather than in factories, mines etc
The redundancies have devastatedwhite-collar workers.
The car maker will cut 9,000white-collar jobs.
→ compare blue-collar
Quizzes
More results white-collar crime white-collar worker See all results Pictures of the day What are these? Image of harmonica Image of tuba Click on the pictures to check. Explore topics Material & textiles Material & textiles Family Babies See all topics Word of the day distraught so upset and worried that you cannot think clearly
Ponzi scheme
ˈpyramid ˌscheme (also Ponzi scheme /ˈpɒnzi skiːm $ ˈpɑːn-/) noun [countable]
a dishonest and often illegal way of selling investments, in which money from people who invest later is used to pay people in the system who have already invested
Examples from the Corpus
pyramid scheme
• A pyramid scheme creates the illusion of financial success by paying off early investors with funds provided by later investors.
• This pyramid scheme was so successful that some counselors were earning more than $ 150,000 a month.
From Longman Business Dictionary
ˈpyramid ˌscheme or Ponzi scheme
a dishonest way of selling investments, in which the money paid by new investors is used to pay interest and other money owed to existing investors. When new investment brings less than the money owed, new investors lose their money
→ scheme
extortion
گرفتن به‌زور و عنف، زورگیری، ستم‌گری، زیاده‌ستانی
- The prison guard was fired because of extortion of money from the prisoners.
- زندان‌بان به جرم زورگیری از زندانیان اخراج شد.
ex‧tort /ɪkˈstɔːt $ -ɔːrt/ verb [transitive]
to illegally force someone to give you something, especially money, by threatening them → blackmail
extort something from somebody
Rebels extorted money from local villagers.
—extortion /ɪkˈstɔːʃən $ -ɔːr-/ noun [uncountable]
He faces charges of kidnapping and extortion.
—extortionist noun [countable]
→ See Verb table
Examples from the Corpus
extort
• Jackson, 22, was arrested earlier this year and charged with attempting to extort $ 40 million from Cosby.
• There isn’t the money left in Deptford to extort.
• Lear pretends to be offering a gift, but is in fact extorting a bribe.
• Read in studio A bogus policeman has tried to abduct two children and to extort an on-the-spot fine from a driver.
• But he can not extort blessings here.
• It’s not as if there was a stash of notes that he could extort from Stone and take away with him.
• He sought to extort money by threatening to reveal secrets about his boss’s private life.
• For years the gang extorted money from local storekeepers.
From Longman Business Dictionary
ex‧tort /ɪkˈstɔːt-ɔːrt/ verb [transitive]
to illegally force someone to give you money by threatening them
extort money from/out of somebody
Smith was arrested on suspicion of having extorted property and money from at least 18 clients.
—extortion noun [uncountable]
He pled guilty to charges of extortion, fraud, tax evasion and obstruction of justice.
—extortioner noun [countable] —extortionist noun [countable]→ See Verb table
Origin extort (1400-1500) Latin past participle of extorquere, from torquere “to twist”
Exercises
Pictures of the day What are these? Image of harmonica Image of tuba Click on the pictures to check. Explore topics Tax Pre school Anthropology Maths See all topics Word of the day distraught so upset and worried that you cannot think clearly Verb tableextort Simple Form Present I, you, we, they extort he, she, it extorts > View More Continuous Form Present I am extorting he, she, it is extorting > View More
fraud
فریب، حیله، (حقوق) کلاهبرداری، تقلب، فن، گوش بر، شیاد
- He committed several frauds in Tabriz.
- او در تبریز به چندین فقره کلاهبرداری دست زد.
- He got the money by fraud.
- او پول را از راه کلاهبرداری به‌دست آورد.
- He claims to be a doctor, but he is a fraud.
- او ادعا می‌کند که دکتر است؛ ولی دروغ می‌گوید.
Related topics: Crime
fraud /frɔːd $ frɒːd/ ●●○ noun
1 [countable, uncountable] the crime of deceiving people in order to gain something such as money or goods
tax/insurance/credit card etc fraud
He’s been charged with tax fraud.
electoral fraud
She was found guilty of fraud.
► see thesaurus at crime
2 [countable] someone or something that is not what they claim to be
I felt like a fraud.
The police exposed the letter as a fraud.
Examples from the Corpus
fraud
• It was weeks before they realized that the young man who had charmed them all was a fraud.
• Landale is calling for more laws to protect consumers against fraud.
• Big losses due to theft and fraud forced the company to close.
• In each case the owner of the goods was induced by fraud to part with them to the rogue.
• He would ultimately get indicted for fraud as a result.
• The market and the opportunities for fraud keep growing.
• The vote fraud charges had aroused people.
• Clearly, however, that does not mean that the City is riddled with fraud or that the regulatory system has failed.
tax/insurance/credit card etc fraud
• Read in studio A firm has come up with a new high-tech way to beat credit card fraud.
• Meanwhile credit card fraud rose by 40 %.
• Half were victims of credit card fraud while 41 percent were targets for shoplifters.
From Longman Business Dictionary
fraud /frɔːdfrɒːd/ noun [countable, uncountable]
a method of illegally getting money from a person or organization, often using clever and complicated methods
Should audits be expected to detect every fraud?
He had a criminal conviction for credit card fraud.
Hood was convicted of tax fraud and sent to prison.
Origin fraud (1300-1400) Old French fraude, from Latin fraus “deceiving”
pyramid scheme
ˈpyramid ˌscheme (also Ponzi scheme /ˈpɒnzi skiːm $ ˈpɑːn-/) noun [countable]
a dishonest and often illegal way of selling investments, in which money from people who invest later is used to pay people in the system who have already invested
Examples from the Corpus
pyramid scheme
• A pyramid scheme creates the illusion of financial success by paying off early investors with funds provided by later investors.
• This pyramid scheme was so successful that some counselors were earning more than $ 150,000 a month.
From Longman Business Dictionary
ˈpyramid ˌscheme or Ponzi scheme
a dishonest way of selling investments, in which the money paid by new investors is used to pay interest and other money owed to existing investors. When new investment brings less than the money owed, new investors lose their money
→ scheme
money laundering
money ˌlaundering noun [uncountable]
when money that has been obtained illegally is put into legal businesses or bank accounts in different countries, so that it is difficult for people to discover where it came from
The country is a major centre for money laundering.
He will now face trial on money laundering charges.
bribery
brib‧er‧y /ˈbraɪbəri/ ●○○ noun [uncountable]
the act of giving bribes
We tried everything – persuasion, bribery, threats.
He was found guilty of bribery and corruption (=bribery and dishonest behaviour).
Examples from the Corpus
bribery
• One of Murrow’s chief campaign promises was to do something about bribery and corruption.
• Guzman was serving more than 20 years for criminal association and bribery.
• Bureaucratic bottlenecks, internal corruption and bribery topped the concerns when dealing with government.
• Earlier this year, Felix pled guilty to money-laundering charges growing out of his arrest on drug and bribery charges.
• It forbids bribery or kickbacks in any form to anyone in the public sector.
• Low rents are seen as a form of bribery of the electorate.
• Former prime minister Binyamin Netanyahu is under investigation on suspicion of bribery.
• Officials said the bribery investigation would continue.
• Several politicians are linked to the bribery and sex scandal.
• US firms are alleged to have used bribery to win contracts.
• The drug bosses were using bribery to stay out of jail.
From Longman Business Dictionary
brib‧er‧y /ˈbraɪbəri/ noun [uncountable]
dishonestly giving money to someone to persuade them to do something to help you
The International Chamber of Commerce has had rules against bribery and extortion since 1977.
رشا، ارتشا، رشوه‌خواری، پاره‌ستانی، رشوه
- The court found him guilty of bribery.
- دادگاه او را به رشوه‌خواری محکوم کرد.
- Too much bureaucracy breeds bribery and corruption.
- تشریفات اداری زیاد موجب رشوه‌خواری و فساد می‌‌شود.
skimming
skim‧ming /ˈskɪmɪŋ/ noun [uncountable]
the crime of using a card reader (=machine that checks the details on a credit card or debit card) to get private information about someone’s credit card in order to steal money from them
From Longman Business Dictionary
skim‧ming /ˈskɪmɪŋ/ noun [uncountable]
1 when a company charges a very high price for a new product in order to make as large a profit as possible before competing products appear on the market and force the company to lower the price
2 when a person or company cheats the tax authorities by not telling them about some of the profit that has been made
a dispute over alleged profit skimming
