In 2008, security services in Ecuador seized $545,000 in bulk cash that was illegally being smuggled across its borders. In 2012, authorities seized $1.9 Million and €215,000.
During the time period of 2008 to 2012, a total of $10 Million in US dollars and 215,000 Euros ($5 Million) was seized. 90 percent of the cash was seized at airports, where 79 people were also arrested for cash smuggling.
During the 4 years, authorities in Ecuador opened 70 criminal cases that resulted in 6 convictions.
Source: James Bargent, “Ecuador Bulk Cash Smuggling Reflects New Laundering Trend,” Insight Crime, April 11, 2013.