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Q.

What is the difference between cartel and syndicate ?

Tags: money, real estate, charity
Asked by samson aseervatham, 05 Jan 09:05 pm
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Answers (2)

1.

No difference in meaning, but often different in association. We tend to associate cartels with illicit or shady operations like drugs or money laundering, but we associate syndicates with things like gambling or lottery groups.
Answered by LIPSIKA, 05 Jan 09:11 pm

 
  
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2.

Cartel' is just another word for a top-down, hierarchical Gang, i.e. your standard Mob Family. A 'Boss', his shot callers and Lawyer, and levels of importance going right down the ladder to drug dealer at the bottom. The Bike Gangs work like that as well. ",

A 'Syndicate' is a collection of Interests. For example, a bunch of gamblers on the Lottery pool their money to buy more tickets and split the money evenly if they win because it's not known who bought the winning ticket. All of their investments are collected together. They win, they all win. They lose, they spread the loss between them. This relates to drug gangs that all have interests in the same industry, like drugs. If three gangs are trying to sell drugs in the same area then they can shoot each other and all go to jail like the Bloods and Crips, or they can collectivise and spread the risks. Even if a big loss occurs, like a big catch by the FBI, they still have money coming in via their Syndicate affiliations, or they h ...more
Answered by Karan, 05 Jan 09:07 pm

 
  
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