Definitions
Illegal acts committed using a job for personal gain
What is an Occupational Crime
Unauthorized Use of Company Cards
What is embezzlement
This type of person usually commits embezzlement
Who is an employee or manager
Slang for illegally obtained cash
What is dirty money
A company offers a free vacation to secure a permit
What is a bribe
Most common Occupational crime and contains the 3 main types
What is a Financial Crime
Making dirty money look legal
This is the main difference between embezzlement and regular theft
What is having lawful access and or responsibility
This is the number of stages of Money laundering
what is three stages
An employee accepts gifts from a supplier in exchange for placing orders with them
What is accepting a bribe
A person taking money from their profession
What is Embezzlement
Counterfeiting
What is a Financial Crime
a payroll manager creates fake employees and deposits their paychecks to their own account
What is payroll embezzlement
This stage involves moving money through complex transactions
What is layering
A politician accepts gifts in exchange for political favors
what is political bribery
When a person offers money to get information by influencing someone
What is Bribery
Watergate Scandal
What is Bribery
Famous Gangster Al Capone used laundromats to cover up his other forms of income
Where the term Money Laundering came from
Billing Schemes
What is Embezzlement