Relationship between White Collar Crime and Organised Crime
Introduction
The White-Collar Crime and organised criminal activities are similar in that they are well prearranged and executed by the culprits involved. The crimes entail some degree of political, social or financial sway to be effectively undertaken.
These types of crimes are undertaken in parallel settings, whereby the incentives are high for specific people or a group of people to take part in corruption, misappropriation, insider trading forgery and money laundering (Levi, 2013).
The planning ensures excellent success in both the white-collar and organised crime offenses within the government agencies and as well as the leading corporations. All of these crimes are influenced by money as the ultimate goal (Holmes, 2006).
However, there exist great variation between these types of crimes. The White-Collar Crimes are more of an insider job whereas the organised criminal activities are less of insider jobs.
The organised illegal activities are risky and dangerous as the thieves can be armed whereas the white-collar crimes involve no physical harm except financial embezzlement (Ruggiero, 2010).
Additionally, white-collar crime involves businesses that are authentic and openly known engaging in authorized activities while on the other hand, organised criminal activities comprise of unknown groups whose participants try to remain mysterious.
Their actions and members are enigmatic since their achievements are wholly based on the aptitude to escape discoveries by those enforcing the law (Holmes, 2006).
The white-collar crimes are thus more unethical collusion between the company top management to fleece a company of its funds whereas the organised crimes are more conducted by outside robbers.
