Protection racketA protection racket is a type of racket and a scheme of organized crime perpetrated by a potentially hazardous organized crime group that generally guarantees protection outside the sanction of the law to another entity or individual from violence, robbery, ransacking, arson, vandalism, and other such threats, in exchange for payments at regular intervals. Each payment is called "protection money" or a "protection fee".
Money launderingMoney laundering is the process of illegally concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In United States law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money.
SmugglingSmuggling is the illegal transportation of objects, substances, information or people, such as out of a house or buildings, into a prison, or across an international border, in violation of applicable laws or other regulations. More broadly, social scientists define smuggling as the purposeful movement across a border in contravention to the relevant legal frameworks. There are various motivations to smuggle.
AgorismAgorism is a social philosophy that advocates creating a society in which all relations between people are voluntary exchanges by means of counter-economics, engaging with aspects of nonviolent revolution. Agorism has similar elements to anarcho-capitalism, but unlike some anarcho-capitalists, most agorists are strictly opposed to voting as a strategy for achieving their desired outcomes. It was first proposed by American libertarian philosopher Samuel Edward Konkin III (1947–2004) at two conferences, CounterCon I in October 1974 and CounterCon II in May 1975.
InterpolThe International Criminal Police Organization, commonly known as Interpol (UKˈɪntərˌpɒl , US-ˌpoʊl ), is an international organization that facilitates worldwide police cooperation and crime control. It is the world's largest international police organization. It is headquartered in Lyon, France, with seven regional bureaus worldwide, and a National Central Bureau in all 195 member states.
Offshore bankAn offshore bank is a bank that is operated and regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment. Due to less regulation and transparency, accounts with offshore banks were often used to hide undeclared income. Since the 1980s, jurisdictions that provide financial services to nonresidents on a big scale can be referred to as offshore financial centres.
