White Collar And Organized Crime Essay

900 Words 4 Pages
White Collar And Organized Crime


In the twentieth century, White Collar and Organized Crimes have attracted the attention of the U.S. Criminal Justice System due to the greater cost to society than most normal street crime. Even with the new attention by the Criminal Justice System, both are still pretty unknown to the general public. Although we know it occurs, due to the lack of coverage and information, society does not realize the extent of these crimes or the impact. White Collar and Organized is generally crime committed by someone that is considered respectable and has a high social status. The crimes committed usually consist of fraud, insider trading, bribery, embezzlement, money laundering, identity theft or forgery. One
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They also increase the drug trafficking and pay off corrupt officials by extortion or intimidation which helps them continue their operations. Although the FBI is unsure of how much impact there is, they estimate it to be around $1 trillion a year, globally.
The FBI has created an organized crime program that focuses on the crimes and criminal enterprises that are creating the greatest threat to America. They have three units which are focused on La Cosa Nostra, Italian organized crime and racketeering. Also included are Middle Eastern, Asian and African criminal enterprises. The framework of the program is based on pursuing targets that have ties to national and international criminal enterprises and breaking them down; relying on flexibility to aid in pursuing organized crime by regions that are conducting racketeering activities. They have also partnered with people globally to assist in information during investigations. Italy and Hungary are included in this partnership. By partnering with other countries, tackling these groups of people becomes easier.
One of the largest Organized crime bust occurred in 2011. Close to 130 members of the New York City Mafia were arrested along with other East Coast cities. The Bonnanno, Colombo, Gambino, Genovese and Luchese were all part of the New York’s five families. Members of each of the five families were arrested to include some of the…

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