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LSDefine

Simple English definitions for legal terms

economic crime

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A quick definition of economic crime:

Economic crime is a type of crime that is committed to gain money or an advantage in a profession. There are two main types of economic crime. The first type is committed by businessmen as part of their regular business activities, such as embezzlement or tax evasion. This is called white-collar crime. The second type involves providing illegal goods or services or providing legal goods or services in an illegal way. Examples include robbery, counterfeiting, and prostitution. Economic crime is a serious offense that can result in criminal charges and punishment.

A more thorough explanation:

Economic crime is a type of nonphysical crime that is committed to gain financial benefits or professional advantages. It includes crimes committed by businessmen as part of their regular business activities, such as embezzlement, tax evasion, and violating regulations. This type of economic crime is often referred to as white-collar crime. The other style of economic crime involves providing illegal goods and services or providing legal goods and services in an illegal manner.

  • Embezzlement by a company's accountant
  • Tax evasion by a business owner
  • Providing illegal drugs or prostitution services
  • Counterfeiting money or products

These examples illustrate how economic crime is committed for financial gain or professional advantage. Embezzlement and tax evasion are crimes committed by businessmen as part of their regular business activities. Providing illegal goods and services, such as drugs or prostitution, is a way to make money illegally. Counterfeiting is a way to make a profit by producing fake money or products.

economic coercion | economic-cure trade embargo

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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