Exam 13: Organized Crime in Labor, Business, and Money Laundering

What is the typical role of organized crime in a restraint of trade agreement?

nderson provides six reasons for organized criminal involvement in legitimate business. hich of the following is not one of those reasons?

hich of the following is true of a scam?

n 1940, the founder and secretary-treasurer of the Chicago Waste Handlers Union was murdered. ________, a man who had never been a member of the union or a waste handler, showed up at a union meeting, paid his dues, and on the same night became the new secretary-treasurer.

In Chicago, the Laborers' International Union (LIUNA) has always had close ties to the ___________.

oney laundering has developed its own lexicon. Which of the following correctly orders the process of laundering of money?

Money laundering has been greatly facilitated by advances in banking technology.

Labor and___________ racketeering distinguish traditional organized crime (American Mafia and its predecessor groups) from other forms of organized crime.

Strike insurance is a form of labor racket in which the union threatens a walkout and the employer pays to assure a steady supply of labor.

In many schemes involving corrupt union officials, ____________ businessmen have willingly cooperated in order to derive benefits such as decreased labor costs, inflated prices, or increased business in the market.

Benjamin Fein was an integral part of the____________ labor movement.

What are Goldstock's three basic forms of labor racketeering? Briefly describe each.

t the 1957 IBT convention in Miami, __________, who had been accused of dozens of improper activities by the McClellan Committee, was elected president.

n 1959, with the help of Jimmy Hoffa, _______ was elected president of the local. a

____________ led to the dramatic industrialization of America.

Lepke Buchalter revolutionized labor racketeering by infiltrating the businesses and unions that hired him.

ith the able assistance of men such as Antonio Vaccarelli, better known as Paul Kelly, the _______ was organized in the 1890s and gained complete control over the New York waterfront by 1914.

_______________ is the infiltration, domination, and use of a union for personal benefit by illegal, violent, and fraudulent means.

Who, in an effort to eliminate all possible witnesses against him, ordered a murder rampage that backfired when his loyal men became informers seeking police protection, resulting in his prosecution in1941 and electrocution in 1944?

In a restraint-of-trade scheme, participants are operating outside of the law and cannot easily complain to the authorities.