Losses to Car Maker Nissan from Counterfeits in the UAE

According to company officials, Japanese motor company Nissan losses about $60 Million each year to counterfeit auto parts in the United Arab Emirates. These fake car parts include brake pads, radiators, windscreens and other vehicle parts. In the Gulf Cooperation Council, which includes Baharain, Kuwait, Omanm, Qatar, Saudi Arabia and the UAE, the counterfeit auto… Continue reading Losses to Car Maker Nissan from Counterfeits in the UAE

Loss in Tax Revenue from Cigarette Smuggling in Turkey over 5 years

Security officials and tax analysts state that about $9.5 Billion in tax revenue was lost to the Government of Turkey due to cigarette smuggling on the black market. In January 2010, the Turkish government raised the tobacco excise tax by 30 percent, thus creating a demand for tobacco on the black market. Back in 2007,… Continue reading Loss in Tax Revenue from Cigarette Smuggling in Turkey over 5 years

Prices to Buy Fake Degrees Online

A man in the United States plead guilty in federal court for fraud after being arrested for selling fake diplomas. Between 2003 and 2012, the man sold up to $5 Million worth of fake degrees and diplomas for fake schools that he created. None of the colleges that he made diplomas for had any faculty… Continue reading Prices to Buy Fake Degrees Online

Domestic and Overseas Printing of Fake US Dollars

In the 2013-2014 fiscal year, agents with the Secret Service in the United States seized $88.7 Million in counterfeit dollars within the U.S. Nearly 60 percent of the fake dollar bills seized were made by using inkjet or laser printers. Overseas, Secret Service agents seized $68.2 Million in counterfeit dollars during the fiscal year. Most… Continue reading Domestic and Overseas Printing of Fake US Dollars

Unreported Gaming Revenue in Macau

A gaming analyst in Macau told the South China Morning Post that an estimated $90 Billion in gaming revenue in Macau was unreported in 2013. Officially, the gaming industry and casinos in Macau reported $45 Billion in revenue in 2013. (Additional illegal gambling statistics.) One of the main methods of avoiding currency controls is through… Continue reading Unreported Gaming Revenue in Macau

Money Laundering Cases in Jeddah

Between 2011 to 2013, the criminal justice court system in Jeddah, Saudi Arabia received 53 money laundering cases that targeted 22 Saudi nationals and 31 foreign workers. The cases involved anonymous bank transfers, illegal collection of money, fraud, profiting from public office, and other methods of money laundering. According to financial security experts in the… Continue reading Money Laundering Cases in Jeddah

Number of Pirated Content per Downloader in Finland

In a survey of over 6,000 people in Finland between the ages of 7 to 84, researchers found that on average each person who downloaded pirated content online had about 2,900 pirated music files and 90 pirated movie files. The researchers who conducted the study beleives that downloaders have more music files is due to… Continue reading Number of Pirated Content per Downloader in Finland

Corruption Cases in Vietnam in 2013

According to criminal justice reports in Vietnam, there were 278 corruption trials held within the court system of Vietnam in 2013. In addition to the court cases, government investigators discovered at least 80 new cases of fraud invovling the misuse of state funds. In a recent case of corruption in the country, state security agents… Continue reading Corruption Cases in Vietnam in 2013

Cost to Bribe a TSA Baggage Screener

A baggage screener working for the Transportation Security Administration at Los Angeles Airport was sentenced to six years in federal prison for taking bribes to let cocaine pass through the station. According to court documents, the woman was paid at least $2,400 for each incident where she let a suitcase filled with cocaine to pass… Continue reading Cost to Bribe a TSA Baggage Screener