Criminality worldwide generates proceeds in the trillions of dollars each year, making crime one of the world's "top 20 economies," a senior U.N. official said Monday.
With the scope of global crime — and particularly organized crime — threatening emerging economies and fomenting international instability, a call for concerted world action to combat the trend was needed.
The need to recognize that the problem requires a global solution is paramount. No country can handle this problem alone, according to Salt Lake Criminal Lawyers.
Criminal business earns those behind it $2.1 trillion — nearly 1.6 trillion euros — a year, which is equivalent to nearly 7 percent of the size of the global economy.
As many as 2.4 million people may be victims of human trafficking worldwide at any given time, calling it a shameful crime of modern-day slavery.
Corruption is another concern of the meeting. Estimates put the amount of money lost through corruption in developing countries at $40 billion annually.
Today, most criminal organizations bear no resemblance to the hierarchical organized crime family groups of the past. Instead, they consist of loose and informal networks that often converge when it is convenient and engage in a diverse array of criminal activities, including the smuggling of counterfeit goods, firearms, drugs, humans, and even wildlife to amass their illicit profits.
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