In the US today, racketeering and laundering are the leading organized criminal activities (Loftin, 2009). Using organized crime statistics for 2005, Project America reports that the number of laundering and racketeering crimes committed was 1,245. Another common crime is the laundering of monetary instruments. For this crime, 1,100 incidents were reported in 2005. Other common crimes involve property transactions and drug dealing.
Close to 800 property crimes were reported in this period while 175 drug-related crimes took place (Loftin, 2009). Overall, old crimes like extortion, operation of illegal gambling businesses and loan sharking have continued to thrive despite federal attempts to eradicate them. The extent of the trouble presented by organized crime in the US is indicated by the number of employees and the financial resources that are allocated the FBI to deal with crime.
Loftin, (2009) reports that the FBI has over 31,000 employees and an annual budget of $6. 8 billion. In 2005, the FBI handled 3,452 cases of organized crime. While the number of drug crimes reported are fewer than other types of crime, drug crimes are of special significance because they involve cartels that are global in nature. Another form of organized crime that is global in nature is terrorism. Groups like the Al Qaeda have built global networks that have continued to blossom and spread mayhem everywhere.