Crime is mounting rapidly around the world. It has numerous types such as street crime, target killing, misdemeanour, felonies, money laundering, intellectual property crime, currency counterfeiting and so on.

Furthermore, financial and high-tech crimes – currency counterfeit, computer virus attacks, payment card fraud – can affect all levels of society.

Currency counterfeiting and money laundering have the potential to destabilise national economies and threaten global security, as these activities are sometimes used by terrorists and other dangerous criminals to finance their activities or conceal their profits.

On the other hand, corruption undermines political, social, and economic stability. It threatens security and damages trust and public confidence in systems which affect people’s daily lives.

Although, corruption frequently occurs at local and national levels, its consequences are global; its hidden cost immense.

SYED WAQAR ALI,

Karachi, December 6.