Glossary: Financial Exploitation
Financial exploitation can take many forms. In this context, we
use the term to describe exploitation which takes place for the purpose of money
laundering. This is when criminals target children and adults and take advantage of an
imbalance of power to coerce, control, manipulate or deceive them into facilitating the
movement of illicit funds. This can include physical cash and/or payments through
financial products, such as bank and cryptocurrency accounts.
(Definition provided by Working Together)