Financial crimes can range from theft to bribery, money laundering, insurance fraud, and Ponzi schemes. Theft involves unlawfully taking property or money that belongs to someone else, while bribery is the act of offering something of value to an official or public representative in exchange for services or favours. Money laundering is the process of disguising or concealing illegally obtained profits by transferring them through multiple accounts or businesses. Insurance fraud involves making false claims to receive compensation benefits which are not legally entitled to them, often resulting in substantial monetary losses among insurers. Finally, a Ponzi scheme involves promising investors high financial returns for minimal risks with the guarantee of using funds from new investors to pay out old investors' earnings. Often in cases like these, the alleged perpetrators and victims have different levels of involvement in a sophisticated scheme, which can make the defence of these types of charges relatively complex.