The infiltration of the New York's financial market by organised crime: pressures and control

Diih, Sorle Stanley 2005. The infiltration of the New York's financial market by organised crime: pressures and control. PhD Thesis, Cardiff University.

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Abstract

This research examines the relationship between some features of the American criminal justice system and the infiltration of organised crime groups into New York's financial district to commit securities fraud. The primary focus of the study is to determine if and to what extent the present criminal justice strategies designed to counter organised crime activities have had an impact on the entry of New York's five Italian-American crime families and Russian-origin criminals into the securities market. There are scattered works and articles on organised crime related frauds in the stock market, but there is no thorough empirical study on the movement of organised crime groups from traditional rackets into the securities market in New York. This research was undertaken to remedy the paucity of criminological knowledge on the activities of organised crime groups in the U.S. investment sector and on the factors underlying this. Sensitive and extensive data on major organised crime cases on Wall Street are analysed throughout the work. The study utilised a combination of interviews, existing source documents and written materials. Several interviews were conducted of known organised crime members, enforcement personnel, informants and experts on organised crime. The source documents that were used in this study comprised of public and private domain records from investigating and prosecuting bodies within the criminal justice system

Item Type:	Thesis (PhD)
Status:	Unpublished
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HG Finance
ISBN:	9781303165719
Date of First Compliant Deposit:	30 March 2016
Last Modified:	30 Aug 2022 14:00
URI:	https://orca.cardiff.ac.uk/id/eprint/55560

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