In plain sight – developing strategic responses to corporatised organised crime
ISSN: 1359-0790
Article publication date: 28 January 2020
Issue publication date: 23 April 2020
Abstract
Purpose
This paper aims to consider the ways organised crime exerts influence in legitimate commercial markets through its ability to act through corporate vehicles. Discussion of weaknesses in company registration procedures and the criminal justice system that enable this to happen. Development of strategic rather than tactical responses is proposed to counter it.
Design/methodology/approach
The paper presents case studies based on practitioner experience and discusses points that arise.
Findings
This paper considers the extent to which the problem represents a threat to the well-being and competitiveness of domestic commercial markets and how these threats can be most effectively addressed.
Research limitations/implications
This is a point of view paper authored by a practitioner with professional expertise in the field.
Practical implications
There is a need to develop strategic cross-agency responses to this problem. This will develop better levels of precautionary awareness of how these influences can establish footholds in commercial markets and provide a sounder basis for taking effective measures to contain and counter their influence.
Social implications
The social implications relate to the distorting influence of money derived from crime being deployed in legitimate spheres.
Originality/value
The originality/value of this paper is to raise awareness and re-invigorate discussion on the influence of organised crime in legitimate commercial markets.
Keywords
Acknowledgements
The views expressed are those of the author alone and should not be read as representing those of Police Scotland
Citation
Murray, K. (2020), "In plain sight – developing strategic responses to corporatised organised crime", Journal of Financial Crime, Vol. 27 No. 2, pp. 619-633. https://doi.org/10.1108/JFC-08-2019-0112
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited