A study conducted by the Mexican House of Representatives reported on the top countries in Latin American where money laundering…
According to security services in Colombia, between 10 to 15 percent of the fuel used by drivers in Colombia was…
The director of the Tax and Customs enforcement agency in Colombia stated that the profit margin for criminals selling counterfeit…
Security forces in Ecuador seized and destroyed 4.6 tons of marijuana in 2011. In 2012, anti-narcotics agencies seized and destroyed…
In 2008, security services in Ecuador seized $545,000 in bulk cash that was illegally being smuggled across its borders. In…
One-quarter of all cocaine that is produced in Colombia and Peru is smuggled through Ecuador to reach the United States. The amount of cocaine that travels through Ecuador is estimated to be 200 tons.
Due to the counterfeiting and pirating of movies and music in Ecuador, disc manufacturers have lost 95 percent of their market share in the country.
According to US Military Officials, a drug trafficking submarine built in the jungles of Colombia or Ecuador costs $3 to $4 Million to build. The submarine can then transport between $70 to $80 Million worth of drugs in a single voyage.
The US National Oceanic and Atmospheric Administration (NOAA) identified 6 countries that engage in illegal fishing. Colombia, Ecuador, Italy, Panama, Portugal and Venezuela were all found to be committing black market activities when it comes to fishing. Illegal fishing activities included fishing during closed sessions, using illegal driftnet, and fishing without proper authorization.
An estimated 200 tons of cocaine is trafficked through Ecuador each year, with 60 percent going to the United States and the rest heading to Europe.