Extortion Money in Honduras

Organized crime groups in Honduras make an estimated $62.6 Million a year in extortion money and other threats to businesses. Up to 17,500 small businesses in Honduras were estimated to have been forced to shut down due to the extortion payments in 2012.

In the city of Tegucigalpa alone, up to 14,000 vendors pay about $15 per week to the gang members, generating roughly $10 Million per year in revenue.

(How organized crime extort money around the world.)

Source: Marguerite Cawley, “Extortion Shuts Down Over 17,000 Honduras Businesses,” Insight Crime, May 8, 2013.