The quasi legitimisation of Transnational Organised Crime, and the impact on the legitimate economy

Description

Globally, the revenue and profit generated by Transnational Organised Crime are incalculable. This has not stopped estimates being made, mostly in the trillions of US dollars. This paper will look at one particular Organised Crime Group, the Neapolitan Camorra, who have been estimated to have an annual revenue of $4.9bn (Matthews, 2014). The Camorra has its roots in Naples, but its reach extends across all of Italy, and beyond. The paper will assess the encroachment of the group into the legitimate economies of Naples, Campagnia and Italy. Vincenzo Iurillo revealed in relation to the Camorra’s Casalesi clan in 2011 that “the great majority of firms dealing with major economic transactions in their territory of influence is either directly or indirectly connected to the Mafioso group.” What the paper will show is that the local, regional and national economies have been infiltrated at all levels by investments from the Camorra (and other Italian OCGs) and that this will continue until the regional and national authorities are able to bolster the effectiveness of their Money Laundering legislation (Article 648bis, Italian Criminal Code) and asset forfeiture (Article 416bis, Italian Criminal Code). The paper will build on the results of a UNODC Region of Calabria project in 2014 (UNODC, 2014) Sources: Iurillo, V., 2011, From the shopping centre to the greengrocer: nobody escapes the Casalesi, Il Fatto Quotidiano, http://www.ilfattoquotidiano.it/2011/12/01/centro-commerciale-fruttivendolo-nessuno-sfugge-pizzo-casalesi/174588/ Matthews, C., 2014, Fortune 5: The biggest organized crime groups in the world, Fortune Magazine, http://fortune.com/2014/09/14/biggest-organized-crime-groups-in-the-world/ UNODC, 2014, The Italian experience in the management, use and disposal of frozen, seized and confiscated assets, https://www.unodc.org/documents/treaties/UNCAC/WorkingGroups/workinggroup2/2014-September-11-12/Combined_CacCosp-Wg2-2014-CRP3.pdf

Period	7 Apr 2016
Event title	Socio-Legal Studies Association (SLSA) Annual Conference 2016
Event type	Conference
Degree of Recognition	National