Financial Crime World

Crime Categories: A Comprehensive Overview

In this article, we will provide an in-depth look at the various types of crimes that exist across different areas. These categories are not exhaustive and some crimes may overlap between categories.

Economic Offenses


  • Tax Evasion: The act of intentionally underreporting or concealing income to avoid paying taxes.
  • Failing to Submit Required Documents: Not providing necessary documents, such as tax returns or financial statements, when required by law.
  • Making Incorrect Declarations: Providing false information on documents, like tax returns or loan applications.

Government-Contracting Fraud


  • Collusive Bidding: Two or more companies conspiring to submit fake bids to secure a government contract.
  • Obstructing Bidding Activities: Interfering with the bidding process to gain an unfair advantage.

Environmental Crimes


  • Pollution: Releasing hazardous substances into the environment, harming ecosystems and human health.
  • Waste Management: Improper disposal of waste, leading to environmental degradation.
  • Destruction of Natural Resources: Damaging or depleting natural resources, such as forests or wildlife.

Campaign-Finance/Election Law


  • Restrictions on Citizens’ Rights: Limiting citizens’ ability to vote or self-nominate for office.
  • Falsifying Election Results: Manipulating election data or outcomes to favor a particular candidate.

Market Manipulation


  • Creating False Supply and Demand: Artificially inflating or deflating market prices by creating false supply or demand.
  • Using Tricks to Gain an Advantage: Engaging in unfair practices, such as insider trading or pump-and-dump schemes.

Money Laundering/Wire Fraud


  • Concealing the Origin of Money: Hiding the source of money acquired through illicit activities.
  • Using Illicitly Acquired Money for Business: Investing or using money from crimes in business operations.
  • Obstructing Verification of Information: Interfering with investigations into the origin of money or property.

Cybersecurity and Data Protection Law


  • Producing, Purchasing, Selling, Exchanging, or Donating Devices or Software Used for Unlawful Purposes: Creating, distributing, or using malicious software.
  • Spreading Harmful Software Programs: Disseminating malware to harm individuals or organizations.
  • Illegally Accessing Computer Networks or Electronic Devices: Hacking into systems without authorization.

Trade Sanctions and Export Control Violations


  • Stockpiling or Transporting Prohibited Goods: Possessing, transporting, or selling goods restricted by trade sanctions.
  • Sale or Use of Banned Pesticides: Trading, selling, or using pesticides banned by the state.