On 7 September, a report (available in English and Spanish) from Global Financial Integrity says that the proceeds from extortion in Guatemala, Honduras and El Salvador amount to more than $1.1 billion annually; and that an estimated 330,000 people in the Northern Triangle region of Central America fall victim to extortion each year. The report assesses the value of this activity and seeks to better understand how the proceeds of extortion are used and laundered. It also considers whether AML/CFT strategies are being effectively utilised to combat extortion.
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