Illegal Organization
Definition
Illegal Organization. A kind of organization which has been set up specifically to perform illegal acts or has become such
This is not to do with performing illicit acts.We can narrow down on a definition for Illicit Organization - one which has been set up specifically to perform illicit acts or has become such. This relates to the purpose of the organization, and the purposes of the entities which control that entity. And the acts which the entity may perform. (definition adopted from the above note, with Illicit changed to Illegal for clarity). Typically, a money laundering entity may perform (will perform) legal acts and is explicitly set up for such, but will also perform illicit acts. The definition of illicit is framed entirely with respect to law and not morality.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/FND/Organizations/LegitimateOrganizations/index-en.html + |
