Money Laundering in Ciudad del Este

Security analysts in the United States estimate that up to $6 Billion in illicit revenue is laundered each year through the Paraguay city of Ciudad del Este.

The city is part of the Tri-Border area of Brazil, Paraguay and Argentina.

(Additional money laundering statistics.)

Source: Lieutenant Colonel Philip K. Abbott, “Terrorist Threat in the Tri-Border Area: Myth or Reality?,” The U.S. Army Professional Writing Collection, September-October 2004.