Latin America, A Global Destination for Money Laundering

Posted on July 1, 2011 • Filed under: Brazil, Colombia, Crime, Mexico, Organized Crime, Venezuela

•Latin America has become a destination for laundering money from trafficking of narcotics, kidnapping, and other illicit activities more than any place in the world, and afterwords, they go to European countries.
•According to hoyveracruz.com.mx, countries such as Mexico, Colombia, Venezuela and Brazil have become hotspots for laundering money using casinos, lotteries and even churches.
•Jairo Revilla Duarte, Vice President of the Group of Work against Corruption and Money Laundering of the Inter-American Federation of Lawyers, stressed that Latin American countries needed to apply the legal measures against this practice and work with the OAS and ONU against it. Read Article

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