FATF Estimates Environmental Crimes Generate Ranging from $110b to $281b
The same individuals engaged in other criminal activities, such as corruption, tax crimes, and human trafficking, but Environmental crime is a low-risk, high-reward crime.
Environmental crime, Such as illegal logging, illegal mining, and waste trafficking – generate enormous criminal proceeds each year
FATF estimates such crimes generate a range from USD 110 to 281 billion per year.
The same individuals engaged in other criminal activities, such as corruption, tax crimes, and human trafficking.
Environmental crime is a low-risk, high-reward crime.
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Despite the significant criminal proceeds and damage to our plant, actions across countries to follow and confiscate the money involved in these crimes have not been in line with the scale of this threat.
The FATF is working to help teach anti-money laundering and counter-terrorist financing techniques to professionals across the globe
