What is economic crime:

An economic crime is conceived of as any offense in which individuals or collectivities of people purposively act in an illegal manner in order to gain financial returns (e.g., robbery, drug selling, tax evasion, computer crime, and abuses of economic aid). 

1. Greed for gains: Most economic crimes are intended to make illegal economic gains. To obtain personal gains, economic criminals resort to illicit means to embezzle state property, collective property and personal property, which jeopardizes the benefits of lawful operators and disturbs the normal operation of market economy. 

2. Statutory feature. Economic crime is a crime stipulated by law. Namely, whether the act of the doer constitutes a crime is clearly stipulated in law. This is different from general natural crime such as traditional crimes like murder, rape, robbery and theft, which have obvious antisocial features and people can easily judge based on social common sense and ethic code. The law identifies them as a crime since they have been deemed as a crime by people sine ancient time. 

3. Double violation. As a crime in economic operation, economic crime violates state laws in economic administration as well as criminal laws; in addition, it damages state, collective and personal economic benefits and disturbs the order of socialist market economy. On the other hand, traditional crimes only violate criminal laws.

4. Complexity. Economic crime occurs in the operating environment of market economy. Therefore, it is rather complicated in criminal structure compared with other types of crimes. The operating sector of market economy is an enormous dynamic sector interweaving complicated economic relations concerning, commodity production, exchange, distribution and consumption. This sector almost involves all sectors and departments in national economy. In recent years, with the establishment of labor market, financial market, securities/futures market, real estate market and technical market in China, economic activities in market are becoming increasingly more complicated and diversified. This complicated economic environment is giving birth to various types of economic crimes and these crimes exhibit unprecedented features. 

5. Intelligent feature. Generally, economic criminals have excellent educational background and most of them have professional knowledge in economics, finance, taxation, trade, accounting and/or law as well as longstanding experience in economic activities. In means of crime, they seldom resort to violence or commit crime in an open way. Criminals often use professional knowledge or their power to deliberately plan their crimes, or take advantage of loopholes in law to obtain illicit economic gains for themselves. Therefore, economic crime is known as “White-collar crime” in the western world. 

6. Concealed feature. Unlike traditional crimes, economic crime does not openly violate social ethics or established behavioral codes. Economic criminals are often one party in economic relations and the means they use in crime often has the nature of economic activities. Therefore, such crime tends to escape detection by the public, and its social hazard tends to escape identification by the public. 

Economic crime is different from other types of crimes such as murder, robbery and theft. Its ultimate purpose is to gain funds and the amount of illicit gains obtained from one attempt is much greater than from any other type of crime. Economic crime is often complicated and concealed and it is different to detect them and obtain evidence. Very often, the affected parties don’t know how to protect their legitimate rights after occurrence and where to complain. At Global Hunt Risk Consultation, we have accumulated extensive experience in the past years in investigating and obtaining evidence for many types of economic crimes based on opinions of legal experts. We are familiar with case-filing procedures for economic crimes and can effectively, timely maximize recovery of economic losses for affected parties. For this purpose, we will take the following measures:

1. Investigation before reporting a crime. Through initial investigation and collection of relevant information, we analyze and identify the nature of the case;
2. Crime forensics before case filing. Through professional investigation, we collect necessary evidence concerning criminal behavior before case filing in compliance with crime forensics process.
3. Integration for case-reporting material. Organize relevant data, obtain relevant evidence and prepare case report;
4. Report the case on behalf of the client. Submit evidence document and case-filing application to public security agency on behalf of the client;
5. Relevant judicial expertise. We assist client in relevant judicial expertise;
6. Case progress tracking. After successful case filing, we track the progress of the case to promote successful solution.