CHAPTER 18

The Future of Organized Crime

Organized criminal networks are here to stay for the short- and medium-, if not long-terms, unless radical transformations occur. The incentives of unlawful activities are great and lure both the desperately vulnerable and merely insecure. Thus, the future of organized crime will resemble the past, especially where the role of global banking is concerned. In brief, global banking facilitates more than prevents and detects, independently of whether the analyst focuses on the United States or on offshore financial institutions. The financial services sector has been corrupted in many respects (Fitzgibbon 2020).

Moreover, the rule of law under unchecked prosecutorial discretion is inadequate as an administrative ...

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