CRMN 3026U Lecture Notes - Lecture 4: Drug Cartel, Profit Margin, Financial Services
1 Jul 2019
School
Department
Course
Professor
Document Summary
The businesses in which organized crime is involved are as varied as one"s imagination. (lyman, 142) Drug cartel specialize along supply chain. Attractive lower penalty than drug trafficking. Logistics easier with increase in international trade. High-volume commercial trade (i. e. u. s. ) - cover. U. s. currency individuals and small groups. Technology easier, less expensive, time consuming. Apparel/accessories 50% of all counterfeit goods seized. Convince no one will know the difference . No attempt to deceive (i. e. dvd) bootleg, pirated copy. Prevention different factories for different parts. Money at high interest rates no choice. Rely on collateral similar to legitimate institution. New market- illegal disposal of hazardous waste. billion illegal dumping, traffic of outlawed/protected natural resources. Ship hazardous waste - lower disposal cost, lax enforcement. Radioactive waste lack of inexpensive and safe means of disposal. Threat to biodiversity issues pertaining to deforestation. Illegal fishing import and export tax evasion. Ownership of legitimate businesses (i. e. construction, trucking, restaurants, bars)
