Professions and the New Organized Crime: Control
The distinctions drawn between organized crime and white-collar crime may serve to obfuscate and neutralize the gravity of harms (e.g., organized crime as an illicit tool of ethnically related thugs and white-collar crime as a tool of financially sophisticated clerks and managers). A more accurate phrasing of organized crime, which includes many white-collar crimes such as securities fraud, would be the term “organized economic crime” (Vande Walle 2002, 289). This term better describes the nature of such coordinated criminal activity as the pursuit of profit and power through illicit means and methods. Criminal goals and objectives (e.g., the persistence of covert and outlawed enterprises ...
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