Black Market Billions
How Organized Retail Crime Funds Global Terrorists
Upper Saddle River, N.J. : FT Press, 2012.
Format: Book
Description: xiv, 316 pages ; 24 cm
From piracy to counterfeiting to cargo theft, organized retail crime has exploded into a $38 billion industry. Synchronized global teams of thieves are pilfering immense volumes of high-value products, counterfeiting even more--and using the profits to support the world's most vicious terrorists and criminal gangs. In this eye-opening piece of investigative journalism, top business reporter Hitha Prabhakar connects the dots and follows the money deep into the world's fastest-growing criminal industry. You'll learn how the Internet, social media, and disposable cell phones have opened the floodgates for a new generation of criminals--and how buying something as innocent as a counterfeit handbag or discounted cigarettes actually funds terrorist groups from Al-Qaeda to Central America's drug lords. Black Market Billions draws on extensive first person interviews with law enforcement, industry, and the criminals themselves to reveal how retail crime rings impact the security in every country in which they operate. Prabhakar goes "inside" to reveal why the piracy economy has exploded...why preventive measures have failed...and what to expect next, as organized retail crime reaches a terrifying critical mass.
Contents:
Organized retail crime goes global -- When a deal isn't a deal -- The cost to the stores -- The money trail and the business of cross-border trade -- Profile of a booster and a fence -- Family ties -- Money laundering 2.0 -- The political agenda -- Strange bedfellows -- The failure of preventative measures -- Letting the bad guy get away.
ISBN:
0132180243
Includes bibliographical references (pages 271-297) and index.