Sunday, December 3, 2023

Logo Central America Link

$5 billion a year laundered by gangs in Colombia

Friday, July 31, 2015

Criminal organizations make an annual profit of approximately $5 billion in Colombia through money laundering, according to the Unit of Financial Information and Analysis and the World Bank.

According to the study, the illegal money laundering industry makes up 2 of Colombia’s entire GDP.

Source: Colombia Reports