Crime syndicate in the context of "Protection racket"

⭐ In the context of a protection racket, a crime syndicate’s primary method of maintaining consistent funding often involves…

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⭐ Core Definition: Crime syndicate

Organized crime refers to transnational, national, or local groups of centralized enterprises that engage in illegal activities, most commonly for profit. While organized crime is generally considered a form of illegal business, some criminal organizations, such as terrorist groups, rebel groups, and separatists, are politically motivated. Many criminal organizations rely on fear or terror to achieve their goals and maintain control within their ranks. These groups may adopt tactics similar to those used by authoritarian regimes to maintain power. Some forms of organized crime exist simply to meet demand for illegal goods or to facilitate trade in products and services banned by the state, such as illegal drugs or firearms. In other cases, criminal organizations force people to do business with them, as when gangs extort protection money from shopkeepers. Street gangs may be classified as organized crime groups under broader definitions, or may develop sufficient discipline to be considered organized crime under stricter definitions.

A criminal organization can also be referred to as an outfit, a gangster/gang, thug, crime family, mafia, mobster/mob, (crime) ring, or syndicate; the network, subculture, and community of criminals involved in organized crime may be referred to as the underworld or gangland. Sociologists sometimes specifically distinguish a "mafia" as a type of organized crime group that specializes in the supply of extra-legal protection and quasi-law enforcement. Academic studies of the original "Mafia", the Sicilian Mafia, as well as its American counterpart, generated an economic study of organized crime groups and exerted great influence on studies of the Russian mafia, the Indonesian preman, the Chinese triads, the Hong Kong triads, the Indian thuggee, and the Japanese yakuza.

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👉 Crime syndicate in the context of Protection racket

A protection racket is a racketeering scheme, usually perpetrated by a criminal organization, that coerces payments on a regular basis from an individual or group in exchange for agreeing to not harm them (or for supposedly "protecting" them). The threat of harm may be indirectly communicated or implied, and it may include violence, robbery, ransacking, arson, vandalism, etc. The payments are called "protection money" or a "protection fee". An organized crime group determines an affordable fee by negotiating with each of its payers to help ensure a consistent and punctual payment. Protection rackets can vary in terms of their levels of sophistication or organization.

The perpetrators of a protection racket may protect vulnerable targets from other dangerous individuals and groups or may simply offer to refrain from themselves carrying out attacks on the targets, and usually both of these forms of protection are implied in the racket. Due to the frequent implication that the racketeers may contribute to harming the target upon failure to pay, the protection racket is generally considered a form of extortion. In some instances, the main potential threat to the target may be caused by the same group that offers to solve it in return for payment, but that fact may sometimes be concealed in order to ensure continual patronage and funding of the crime syndicate by the coerced party. In other cases, depending on the perpetrators' level of influence with authorities and the legality of the business being protected, protection rackets may also offer protection against law enforcement and police involvement, especially if the perpetrators bribe or threaten local law enforcement.

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