Financial corruption refers to dishonest or unethical behavior by individuals or organizations in managing money. This can include activities like bribery, embezzlement, and fraud, where people misuse their power for personal gain. Such actions undermine trust in financial systems and can lead to significant economic consequences. Corruption can occur in various sectors, including government, business, and non-profits. For example, when a government official accepts a bribe to award a contract, it distorts fair competition and can result in poor-quality services. Addressing financial corruption is essential for promoting transparency and accountability in all financial dealings.