COSTA RICAN COPPER BUST UNDERSCORES REGIONAL UPTICK IN THEFT AND SMUGGLING

On 5 April, Insight Crime reported that a copper smuggling ring in Costa Rica was stealing tons of the metal from the country’s electrical and phone wires to send to Asia, the latest example of how this crime is gradually becoming increasingly sophisticated. The group was able to export more than 70 containers with 20 tons of copper each, reaching a value of more than $210,000 per unit.  The alleged destinations for the products included China, Japan, Malaysia, Hong Kong and Indonesia.

https://insightcrime.org/news/costa-rican-copper-bust-underscores-regional-uptick-theft-and-smuggling/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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