LATIN AMERICA’S ECONOMIC SUCCESS IS CREATING WIDER OPPORTUNITIES FOR COMMERCIAL CRIME
June 1st, 2008
BY PACIFICA GODDARD, in Caracas
IN Latin America, the combination of economic growth, weak law enforcement, and a culture that turns a blind eye to corruption, creates an increasingly fertile setting for a variety of commercial crimes, Pacifica Goddard reports from Caracas.
LATIN America is has long been known for its high levels of crime especially in relation to the illicit drug trade. However in recent years commercial crimes including tax evasion, counterfeiting and piracy, and black market money exchange, have become increasingly more common.
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