Subject area is International Business Crimes Essay

Subject ara is International Business Crimes - Essay fashion modelyears these criminal groups have significantly increased the extent of their activities by taking advantage of opportunities such as the lowering of economic and political barriers the decision of communist regimes and the founding of delicate new democracies the increase global trade and the advances in technology that aid global communication and transport.1 Business crimes, also cognise as white-collar crimes, are illegal acts against businesses or individuals with the use of paperwork (or computers). As a result, businesses often react by changing their hours of operation, raising their prices to cover their losses, relocating right(prenominal) the community, or simply closing. Fear of crime isolates businesses, much like fear isolates individualsand this isolation increases vulnerability to crime. Reducing business crime must be a community effort. Law enforcement have to work with business owners in order to improve security.2 Business crimes, which are mostly run by internationally nonionized criminals, include market manipulation, monetary counterfeiting, money laundering, fraud and bankruptcy fraud, bribery, insider dealing, embezzlement, computer crime, medical crime, public corruption, identity theft, pension fund crime, RICO crimes, consumer fraud, occupational crime, securities fraud, fiscal fraud, and forgery.Make large sums of money through drug trafficking, arms smuggling and financial crime. Dirty money, however, is of little use to organised crime because it raises the suspicions of impartiality enforcement and leaves a trail of evidence. Criminals who wish to benefit from the proceeds of large-scale crime have to camouflage their Dirty money without compromising their operations and themselves. The process of hide Dirty money is called money laundering. Every criminal needs to launder the proceeds of crime, but where organised crime, drug trafficking and corruption are involved. Today, nternational business criminals are making use of the