Organized since they are very difficult to

Organized crime
and Corporate crime are two different but similar forms of crime. As

 

society progresses criminals are becoming
more and more creative and unsuspected of

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committing illegal crimes when it comes to
financial gain. International organized crime

 

committed on local, regional, and national
levels are estimated by the Federal Bureau of

 

Investigations to cost approximately $1
trillion per year. Individuals who are unemployed or

 

have low wage incomes primarily exploit
organized crimes to produce millions of dollars in

 

which is used to purchase guns, drugs and
further advanced technology to help avoid local

 

authorities. Corporate crime is similar to
white-collar crime except on a larger scale although

 

both are generally conducted in similar
environments by individuals who are involved in insider

 

trading. Corporate crime has a low risk
high reward system since high status individuals are

 

committing the crimes while organized
crime has a high risk high reward system. Both types of

 

crimes are committed worldwide and come
with various types of punishments.

 

            As
stated in the previous paragraph, corporate crime is conducted by individuals
who are

 

involved in insider trading, this means
that individuals who are working as bank managers,

 

employees at manufacturing industries, finance
officers and data scientists, etc, are the ones

 

behind corporate crime. The alteration of
financial records, misappropriation of funds, and as

 

well as tax evasion are the primary
actions that lead to fraud. For example, in 2007 a fraud was

 

committed which resulted in UK
supermarkets getting fined $116 million from simply adjusting

 

the prices of milk and cheese since they
wanted to make more money during the collapse of an

 

economy. This fraud was committed by an individual
who was employed for the company and

 

 

decided to alter a few numbers in a
computer system which resulted in a loss of millions of

 

dollars. Due to the fact that corporate
crime is so huge, it is nearly impossible to monitor every

 

transaction that the company approves of,
therefore large companies operate as multinationals

 

and commit worldwide crimes and frauds
since they are very difficult to monitor.

 

            Organized
crime or white-collar crime are a group of three or more individuals who

 

engage in illegal criminal activities for
profit, the reason for the creation of organized crime

 

groups varies based on either political
motivation or more commonly financial gain. Organized

 

crime is not your average “behind the
counter” crime, rather it is committed by individuals who

 

seek to make ends meet, and are people not
of high social status. Unlike corporate crime where

 

there is no violence involved in the
execution of a crime, organized crime is the complete

 

opposite, rather a more violent approach
is met by individuals who seek financial gain, most

 

often, organized crime’s are committed by individuals
who are in gangs and have no regards or

 

remorse towards the law. Organized crimes have
a high risk high reward system as oppose to

 

corporate crime where there is a low risk
high reward system although organized crime groups

 

tend to be cruel when dealing with
punishment and are prosecuted through legal jurisdiction

 

whereas organized crimes are not often prosecuted
through legal jurisdiction and tend to result in

 

a particular employee being fired or cut
off the company unless the circumstances severely affect

 

the companies professionalism. Communities
themselves are directly impacted by organized

 

crime and are met with hardships through violence,
intimidation, and corruption that is utilized

 

 

by individuals working with organized crime
to gain control over their criminal enterprise. With

 

organized crime being so widely committed across
the globe, it is in the best interest of the FBI

 

to establish cooperation and communication
with nearby countries to prevent criminal activities

 

from further occurring.

 

            To
compare and contrast, organized crime and corporate crime share similarities
and

 

differences although it is clearly known
that both types of crimes are executed towards financial

 

gain. One primary difference between both types
of crimes is violence. Organized crime does not

 

involve the same type of violence that
corporate crime does, instead, corporate crimes rarely

 

involves any violence towards financial
gain, rather persuasion is used to increase a businesses

 

profit and/or capital gain. While corporate
crime is conducted by individuals of high social

 

status, organized crime is conducted by street
gangs and can be done by almost anyone willing to

 

break the law to make financial gain. Large
multinational companies, in other words, “safe jobs”,

 

deal with corporate crime and have a low
risk high reward system as oppose to organized crime

 

where individuals facing unemployment or
have low paying jobs commit crimes and are high

 

risk high reward systems. Another
similarity between both types of crimes identified by Edwin

 

Sutherland is the fact that both types of
crimes involve several people working together to fulfill

 

the completion of a crime. In order to
keep ones hands “clean” several people work together to

 

remain anonymous and employ other
individuals who are trustworthy enough to work with them

 

towards committing frauds, human
trafficking, drug/weapon trafficking, money laundering and

 

more. Corporate crime is not prosecuted in
the same manner as organized crime since high social

 

status individuals are working with corporate
crime and can often get away with it and oppose to

 

organized crime where the punishment is
critical. Legal prosecution of corporate crime depends

 

on the circumstances of the event, since
organized crime is always prosecuted, corporate crimes

 

are punishable under racketeering, a
punishable offence under federal law for committing illegal

 

activities involved within criminal enterprise.

 

            With
that being said, there are certain types of corporate crimes that should be
classified

 

as organized crime such as money laundering.
If individuals caught executing money laundering

 

through organized crime receive several years
behind bars for such a terrible crime, why should a

 

corporate official only get a fine and not
years behind bars for the exact same crime committed?

 

This is one type of crime that can be
considered corporate and organized crime. Both organized

 

crime and corporate crime should be
prosecuted in the exact same jurisdiction. Just because

 

someone is of high social status, that
does not mean they can break the law and get away with it,

 

both high social status individuals and regular
individuals committed of either organized or

 

corporate crime should be dealt with under
the same law and jurisdiction. Thus, the handling of

 

both crimes in a proper manner will
prevent such crimes from occurring worldwide and will alert

 

other potential individuals who are
thinking of considering corporate and/or organized crime to

 

not commit the crime due to severe consequences.

 

            As
this paper examines the traits of both corporate and organized crime, both
crimes are

 

committed towards financial gain. With
corporate crime having a low risk high reward system

 

and organized crime having a high risk
high reward system in place, it is clear that the average

 

criminal and high social status individual
will do whatever it takes to illegally attain profit

 

anonymously as long as it benefits
themselves and/or the company. Both crimes should be

 

prosecuted in a similar fashion to prevent
further worldwide organized and corporate crimes

 

from occurring since it is an ongoing issue
costing over a trillion dollars each year.