Gangs Finding More Money in White-Collar Crime

Gangs like the Bloods and the Crips are engaging in crimes such as identity theft, counterfeiting, selling stolen goods and even bank, credit card and mortgage fraud.

Posted by Joe Gerard in Article on October 27th, 2011
The FBI reports that gangs are turning to white-collar crimes because they are much more lucrative than other activities. A TODAY News article from MSNBC reports:

Gangs like the Bloods and the Crips are engaging in crimes such as identity theft, counterfeiting, selling stolen goods and even bank, credit card and mortgage fraud, said a new FBI gangs threat assessment.

The article goes on to discuss the rise in gang membership and the use of social media to coordinate activities and communicate amongst members:

In 2009, the FBI estimated there were 1 million gang members. It attributes some of the 40 percent increase since then to more comprehensive reporting by law enforcement agencies. Agency officials said they were unable to determine exactly how many new gang members there were now since the last estimate, but that such membership was indeed on the rise.

Gangs are using social media such as Facebook and YouTube to recruit members and communicate, as well as posting photos of their lifestyle to present a tough image, the assessment said.

Read More: FBI: Gangs turning to white-collar crimes


Joe Gerard
Joe Gerard

CEO, i-Sight

Spend my days showing off the i-Sight investigative case management software and finding ways to help clients improve their investigations. Usually working with corporate security, HR & employee relations, compliance and legal teams.

Visit Website