The Change of Times
From the time of its inception, Yakuza groups earned money through shady means like racketeering, providing protection, extortion, gambling, prostitution, and labor dispatch, to mention a few. For a long time, these are the ways they make “business.”
However, with the push of modernization, the Yakuza is forced to adapt and diversify on other revenue streams.
Unlike the old days, “families” that would favor young hoodlums (those who wouldn’t mind committing heinous acts just to prove their mettle), nowadays, the increase in demand for tech-savvies like computer hackers are more suited for the modern Yakuza.
The new breed of acolytes is deemed perfect to carry out the organization’s latest rackets such as the “Ore Ore Sagi.” This is a type of phone scam that preys on elders (usually retirees). Swindlers pretend to be a family member of the victim, who would then ask for egregious amounts of money.
The Yakuza also has a good reach in cyber thefts. In 2016 alone, at least six Yakuza syndicates were suspected of stealing more than $20 million dollars from ATMs across Japan.