How are organized crime&white collar crime alike?
People often use the terms “organized crime” and “white collar crime” to classify different kinds of illegal acts or behaviors. While not identical, these terms are both commonly used to describe crimes for which monetary profit or financial gain is key.Organized CrimeOrganized crime generally involves a group of people working in unison for financial gain. The term “mafia” is often used to refer to the groups of people involved in organized crime. These groups can have national and international headquarters. They often have a hierarchical structure with powerful leaders or bosses at the top. Organized criminals participate in a number of unlawful methods to acquire money, including bank fraud, money laundering and drug trafficking. Organized crime is sometimes conducted for political reasons and also is used to describe the actions of terrorist organizations.White Collar CrimeAs with organized crime, white collar crime refers to unlawful acts that people commit for financial gain. Wh
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