Here is the synopsis of our sample research paper on Organized Crime Families And Racketeering. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
4 pages in length. The extent to which organized criminal enterprises have their collective fingers spread throughout the national community – from cops to merchants and public officials to physicians – is both implausible and repugnant. Racketeering, one particularly lucrative venture, refers to one who enlists the aspects of extortion, bribery, loan sharking or some type of justice obstruction in order to commit illegal activities. Nowhere is this more evident than with the ties between organized crime families and insurance fraud. Bibliography lists 1 source.
Page Count:
4 pages (~225 words per page)
File: LM1_TLCOrgCrmRk.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
is both implausible and repugnant. Racketeering, one particularly lucrative venture, refers to one who enlists the aspects of extortion, bribery, loan sharking or some type of justice obstruction in
order to commit illegal activities. Nowhere is this more evident than with the ties between organized crime families and insurance fraud. Organized
criminal enterprises, known to have quite an illustrious reputation when it comes to perpetrating insurance fraud, partake in a number of schemes designed to bilk insurance companies out of millions
of dollars every year (Insurance Information Institute, 2005). Utilizing such ploys as medical mills, auto property, staged accident rings, paper accidents and false auto theft claims, organized criminal enterprises
cost policyholders and insurance companies alike. Medical mills reflect some of the easiest money for organized criminal enterprises to obtain, inasmuch as it
is one of the most difficult ploys to disprove. Colluding with unscrupulous doctors, organized criminal enterprises establish false and exaggerated injury claims that become cycled through the system and
end up paying out millions of dollars in scam money. The physicians on the one side of this fraud - commonly known as white collar career criminals - front
the operation from their offices, while the organized criminal enterprises supply the patients who are oftentimes encouraged through coercion and/or bribery into taking part in the scheme (Insurance Information Institute,
2005). Staged accidents, where a crash is purposely caused in order to manifest an "injured" party, takes New York drivers for approximately two
million dollars a day, reflecting one of the most lucrative of all organized crime insurance frauds. One of the most critical components that allows for the proliferation of staged
...