What are the different types of financial crimes?
Financial crimes, sometimes referred to as "white collar" crimes, are non -violent crimes that include theft or misuse of money. Financial crimes are sometimes considered less important than other types of crimes because no violence is used, but in fact they can have a huge impact on personal finances and even whole financial markets. There are many different types of financial crimes, including counterfeiting, securities fraud, embezzlement, antitrust activities and many other categories.
Fandy can be seriously harmful crimes because it damages the monetary system. Counterfeiting involves the use of fake money such as fake accounts and coins. This crime may also include a change in real money to remind more of more valuable versions, such as a change in USD 10 USD (USD) to look like an account of $ 100. On a large scale, counterfeiting can disrupt the inflation flow and deflation by false adding additional money to the controlled so.
Securities fraud is a wide area of financial offenses that include illegal manipulation of the financial market. The financial crimes that fall into this category include dedicated persons, preferential rates and value distortion. Trading with initiation occurs when a person with a non -public information about stock or investment uses information to buy or sell shares with an entity that does not have access to the same information. Preferential rates and distortion include artificial inflation or deflation of shares for the purpose of manipulating the market, such as sending e -mail or publishing a blog with false or misleading information about the planned takeover.
Reducing occurs when a person entrusted with funds for safekeeping, such as the property manager or financial manager, uses the funds without permission. The embezzlement can often occur among credible friends or dockNCE relatives, but also occurs on a simple trading queue. Stipping financial records by property or fund owner can help reveal stamps of embezzlement, such as missing funds, duplicated checks or accounting errors.
In regions with a free market economy, financial crimes represent a serious systematic risk. Antimotor activities include restrictions on trade through monopolization of industry or measures such as pricing. One of the most famous cases of antimonopodoly in history is the Supreme Court's decision in 1911 against the standard oil oil, founded by John Rockefeller, which dominated almost the entire US oil market at the height of its power. According to the Sherman law of 1890, standard oil was found guilty of conspiracy for creating a monopoly and divided into more than 30 separate companies.