Question

what connections exist between white-collar crime and organized crime?

what connections exist between white-collar crime and organized crime?

Homework Answers

Answer #1

White-collor crime: The U.S. Congress defined white-collar crime as an illegal act or series of illegal acts committed by non-physical means and by concealment or guile, to obtain money or property, or to obtain business or personal advantage.

Organized crime: A continuing criminal enterprise that works rationally to profit from illicit activities that are often in great public demand. Its continuing existence is maintained through the use of force, threats, and/or corruption of public officials.

Similarities between the two:

  • Both terms allude to wrongdoings that are submitted inside the appearance of a lawful operation, whether as a company or a lawful cover business.
  • Also, both these terms by and large allude to an amplified arrangement of violations conferred together in promotion of benefit, for example, a blend of blackmail, extortion and theft.
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