Is theft of money a financial transaction? (The Yes And No Only Edition)

[Commie Pinko Dirtbag]

Edited to be more specific.

[northzax]

1. depends on the type of theft

and what's being stolen, doesn't it? if I steal a stereo, it's not a financial transaction. If I illegally transfer money out of your bank account to my account in the Caymans, it's a financial transaction.

Better question, I suppose. If I illegally and without your consent wire money from your account to my account, is it still a wire transfer?

so it depends, doesn't it?

[uppityperson]

2. very good

:rofl:

[Book Lover]

3. No

It is a financial exchange.