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Crime part1.doc
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Financial wrongdoings

Chinese walls: measures that can be taken to stop knowledge in one department of your company being illegally used by another department, or to buy and sell shares, for example

price fixing: a secret agreement by a group of companies in the same market to fix prices at a certain level, which aims at avoiding competition with each other

market rigging - working together of a group of investors in order to stop a financial market functioning as it should, to gain an advantage for themselves

bribe/ kickback (informal), sweetener (informal) and backhand (Br.only)

an illegal payment to persuade someone to do something

bribery - accepting or making an illegal payment/ offering money to persuade someone to do something for you

corruption/ sleaze (infml.) - receiving bribes; this means being involved in corruption and hence being corrupt

embezzlement/ to embezzle - stealing money that is in your care or belongs to an organisation that you work for

insider trading(dealing)/ insider trader/insider dealer

do/practise insider dealing/ trading

illegal buying and selling of shares by someone who has priviledged informatiom and knowledge of a company;

buying or selling securities using information that is not publicly available

money laundering/to launder money/ money launderer - moving money obtained illegally so that its origin cannot be traced; transforming illegally acquired money into apparently legitimate money; tracing money sent to a foreign bank

swindling/ to swindle/ swindler - deceiving a person or organization to get smth. valuable from them, especially money

racketeering/ racketeer - making money from illegal activities such as threatening people or selling worthless, immoral or illegal goods or services

Penalties

Bail release smb. on bail

incarceration a verdict of guilty

a jail sentence a penitentiary term

imprisonment probation

shock probation capital punishment

life sentence suspended sentence

death penalty punishment is a deterrent to crime

fine execution

Part two practise your vocabulary

1 Classify the list of crimes from the topical vocabulary into

A: a) crimes against people; b) crimes involving things or property.

B: a) violent crimes; b) non-violent crimes.

C: a) white-collar crimes and financial wrongdoing; b) computer crimes.

Explain your choice. Which of them are most serious/less serious? Why do you think so?

2 How many different types of crime can you think of? Match the crimes given below with their definitions and then classify each crime as violent (V) or non-violent (nv).

Violent/

non-violent

Name of crime

Definition of crime

forgery

betraying your country or government

treason

being in possession of stolen objects

handling stolen goods

offering something, esp. money, to persuade someone to do sth. for you

bribery

setting fire to something intentionally

laundering money

violent or forced sex

drug trafficking

sending money to a foreign bank so that it cannot be traced

rape

buying and selling illegal drugs

arson

illegally copying money, documents etc.

insider dealing

using privileged information about a business for personal profit

assault

a generic term for the killing of another person

homicide

any instance in which one party deceives or takes unfair advantage of another

murder

attempt to use illegal force on another person

battery

attempt to use illegal force on another person in the absence of consent to sexual relations

manslaughter

driving a vehicle in excess of the permitted limit

fraud

leaving one's vehicle in an area or for a duration in contravention of the law

armed robbery

taking the property of another without right or permission

sexual assault

the actual use of illegal force on another person

burglary

the crime of breaking into a private home with the intention of committing a felony

theft

the unlawful killing of a person with intent

parking

the unlawful killing of a person without malicious intent and therefore without premeditation

speeding

the unlawful taking of another's property using a dangerous weapon

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