Scam - A confidence trick, confidence game, or con for short (also known as a scam) is an attempt to intentionally mislead a person or persons (known as the mark or victim) usually with the goal of financial or other gain. The confidence trickster, con man, scam artist, con artist or scammer often works with an accomplice called the shill, who tries to encourage the mark by pretending to believe the trickster.
Phishing - is the act of sending an email that is designed to trick the recipient into believing that it is from an established legitimate business, in an attempt to scam the recipient into providing personal information that will be used for identity theft. When the recipient clicks on links in the email, it sends the recipient to a website where they are asked to update personal information, such as passwords and credit card, social security, and bank account numbers, that the legitimate organization already has. The website, however, is fake and set up only to steal the recipient's information. For example, there have been phishing scams targeting Bank of America, Pay Pal and eBay. The eBay scam claimed that the user's account was about to be suspended unless he clicked on the provided link and updated his credit card information.
Personal Information - Information that can identify you, like your bank and credit card account numbers; your income; your Social Security number (SSN); or your name, address, and phone numbers.
Fraud - a scam meant to cheat victims out of the fair settlement of an agreement by misleading and misrepresenting the facts, method or outcome, with no intent to fulfill the agreement.
Money Laundering - the "cleaning of money" with regard to appearances in law, is the practice of engaging in specific financial transactions in order to conceal the identity, source and/or destination of money and is a main operation of underground economy. In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government regulators (such as the United States Office of the Controller of the Currency) to encompass any financial transaction which generates an asset or a value as the result of an illegal act, which may involve actions such as tax evasion or false accounting. As a result, the illegal activity of money laundering is now recognized as potentially practiced by individuals, small and large businesses, corrupt officials, members of organized crime (such as drug dealers or the Mafia) or of cults, and even corrupt states, through a complex network of shell companies and trusts based in offshore tax havens.
Source: Consumer Fraud Reporting