Financial crimes refer to a broad category of unlawful acts that result in the financial detriment of individuals, organizations, or governments. They often involve deceit or theft to achieve financial benefits illegally and can take various forms, including but not limited to: fraud (e.g., securities fraud, insurance fraud), money laundering (the process of disguising proceeds from crimes as legitimate funds), embezzlement (misappropriation of funds placed in one's trust), and tax evasion (illegal non-payment of taxes). These crimes not only cause significant financial losses to victims but may also undermine the integrity of financial systems and institutions.