This graduate thesis deals with the topic of frauds in international finances. Today, in modern world, most of the businesses is happening on the international level. The key bearers of the international business are multinational corporations which, because of their enormous size and economic strength, have a huge impact on the global economy. Multinational corporations are actually very big companies which operate in numerous countries all over the world. They are also starters and main factors for the development of the process of globalization among some other international organizations. The process of globalization is intended for uniting the world into single market of goods, people and capital. This type of international business brings with itself many risks and possibilities for any types of criminal actions. Besides the advantages of doing business on the international level, such as better connection between countries placed on different parts of the world and easier flow of goods and capital between those countries, there are some disadvantages which could be seen as criminal actions who make harm to the corporations themselves, and to national and international economies. These criminal actions are represented by various frauds such as money laundering, tax evasion with help of the usage of tax havens, financial statement frauds, cybercrime, frauds with financial instruments, etc. This work is complemented by the example of lawyer firm “Mossack Fonseca” which was the main factor in the “Panama Papers” affair which has discovered numerous cases of money laundering and tax evasion. There is also an example of a Croatian giant “Agrokor” which has been doomed to failure after being the biggest company in national economy. It is suspected that this company has committed financial statement fraud trying to hide its various financial problems.