Usually,
property crimes are related to the annihilation of the property or material
substances of human. Any economic loss of human being caused by a perpetrator
can be termed as a property crime. The very concept denotes an offence which is
specifically related to property in possession of human and which is snatched
away by any perpetrator. Here, the offences like arson, subscription, theft,
bribery, extortion, corruption, embezzlement, fraud, cheating, money
laundering, counterfeit of coin, hijacking, looting, robbery, mugging, etc.
have been treated as property crime.