CENTRAL AMERICA: EXTORTION IN NORTHERN TRIANGLE WORTH OVER $1 BILLION ANNUALLY

On 3 October, Insight Crime reported that a report into extortion in the Northern Triangle — Guatemala, Honduras, and El Salvador — has shed light on how incarceration policies are likely to worsen extortion problems in the region.  The extortion industry in the Northern Triangle is now worth at least $1.1 billion annually, according to Global Financial Integrity. 

https://insightcrime.org/news/extortion-northern-triangle/

https://gfintegrity.org/report/extortion-in-the-northern-triangle-of-central-america-following-the-money/

https://secureservercdn.net/166.62.106.54/34n.8bd.myftpupload.com/wp-content/uploads/2022/09/GFI-Extortion-Report-FINAL.pdf?time=1664888632

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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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