Everyone can be exposed to financial fraud. If you are selling or buying online, providing financial services, or simply processing tons of payments, you face fraud risks every day. Where there is money, there is been tax evasion, but in the late 20th and early 21st centuries, as globalization fueled the growth of offshore finance, and particularly the use of anonymous shell companies and trusts to conceal illicit activity, there was an explosion in the scale, scope, and level of sophistication of financial shenanigans. From decades ago, financial crimes have been one of the most important topics on the international stage. Since authorities are constantly attempting to track down and prevent financial crimes, it has always been a cat and mouse game between law enforcement and criminals. Criminals, however, constantly invent new strategies to stay one step ahead. This book analyzes the effectiveness of the institutional, regulatory, and legal framework for preventing financial crime. The book advances novel and helpful ideas and highlights significant connections between various forms of financial crime and money laundering. It makes clear the types of financial crimes as well as who is capable of committing them. Additionally covered are financial crime’s methods, reach, and victims. This book also explains the widespread issues that developing countries face, as well as the negligent automation of law enforcement.