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Explain UNCTOC
UNCTOC identified the concept of an organized crime. A crime is termed as an "Organized Crime" when people in different countries and/or of different nationalities plan to commit a crime in an organized manner. UNCTOC defines an "Organized criminal group" as a "structured group of three or more persons, existing for a period of time and acting in concert with the aim of committing one or more serious crimes or offences established in accordance with this Convention, in order to obtain, directly or indirectly, a financial or other material benefit" UNCTOC has even criminalized the laundering of the proceeds of crime and defines the "Proceeds of crime" as "any property derived from or obtained, directly or indirectly, through the commission of an offence".
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