Organized Economic Crime as Global Security Challenge

Abstract

Organized crime currently has tendency to use legal economy flow to conceal its own criminal activity, its origin and the existence of illegally acquired property and as directly source of criminal profit. In global frame progress of technology and communications, rapid pulse of goods, people and money cause globalization of criminal operation especially in economic field. Criminal organizations use different forms of economic activity as source of criminal profit and adapt their activities to contemporary tendencies in economy at international level. Organized economic crime became business that rapidly make a progress and which negative consequences represent global security threat. This paper deals with negative consequences of organized economic crime and point to necessity of fighting against these phenomena at international level.