View full page at forexfactory.com

 

Smugglers made $5-6 billion off migrants to Europe in 2015: Interpol

From reuters.com

People smugglers made over $5 billion from the wave of migration into southern Europe last year, a report by international crime-fighting agencies Interpol and Europol said on Tuesday. Nine out of 10 migrants and refugees entering the European Union in 2015 relied on "facilitation services", mainly loose networks of criminals along the routes, and the proportion was likely to be even higher this year, the report said. About 1 million migrants entered the EU in 2015. Most paid 3,000-6,000 euros ($3,400-$6,800), so the average turnover was likely between $5 billion and $6 billion, the report said. To launder the money ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News