Transnational Organized Crime

The Matthew Principle and Scammers Getting Richer – 2024

The Matthew Principle and Scammers Getting Richer

The Economic ‘Matthew Principle’ Applies to Companies, People, and Strangely to Scammers & Victims Too!

Primary Category: Online Criminology

Author:
•  Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

About This Article

The Matthew Principle, which describes how “the rich get richer and the poor get poorer,” applies not only to economics, education, and science but also to online scammers and their victims.

Successful scammers, who accumulate resources, knowledge, and connections, become increasingly effective and target larger, more vulnerable victims. As they grow, their operations scale up, making them harder to detect and stop, while victims who have already been scammed are more likely to be targeted again.

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Transnational Organized Crime Using Luxury Goods For Money Laundering – 2024

Transnational Organized Crime Using Luxury Goods For Money Laundering

Understanding the Money Flows with Transnational Organized Crime

An Overview of Transnational Organized Crime Money Laundering

Author:
•  SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

About This Article

Transnational organized crime (TOC) is increasingly turning to luxury goods like watches and handbags for money laundering. These items’ high value, portability, and established resale channels make them attractive for criminals to hide and convert illicit gains.

TOC methods involve bulk purchases, smuggling, fake documentation, and online marketplaces. The consequences impact businesses through reputational damage and market distortion, governments battling financing of illegal activities, and consumers facing trust issues about product authenticity.

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$3.1 Trillion – Recovering Transnational Organized Crime Profits – Reimagining the World – An Essay – 2024

$3.1 Trillion – Recovering Organized Crime Profits – Reimagining the World

An Essay

How We Can Make A Better World

Author:
•  Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

About This Article

Reclaiming the $3.1 trillion lost yearly to transnational organized crime could fuel massive societal transformation.

Redirecting these funds towards education, healthcare, infrastructure, and environmental conservation could spark progress globally. Achieving this vision requires disrupting criminal networks, enhancing law enforcement cooperation, and implementing robust policy reforms. It starts with awareness, commitment, and collective action to reclaim the potential hidden within those lost trillions from transnational organized crime.

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