Financial Crimes Terminology

noun the act of producing fake or unauthorized copies of something, typically money or goods

• Counterfeiting is a serious crime that involves the unauthorized reproduction of goods.
• Selling fake designer bags is just another form of counterfeiting.
• I heard he got busted for running a counterfeit operation out of his garage.
• His smile was like a counterfeit coin, shiny on the outside but fake on the inside.

noun the act of embezzling funds or property entrusted to one's care

• The company discovered a defalcation in their accounting department.
• There was some defalcation going on with the funds at the office.
• I heard there was a defalcation scam happening at the bank.
• His defalcation of responsibilities led to the project's failure.

verb to leave quickly or suddenly, especially in order to escape

• The thief attempted to make off with the stolen jewels.
• I saw the shoplifter try to make off with a bunch of clothes.
• The robber made off with the cash from the register.
• She couldn't resist the temptation and decided to make off with the last piece of cake.