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Black market billions : how organized retail crime funds global terrorists / Hitha Prabhakar.

by Prabhakar, Hitha, 1975-

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FT Press, 2012.

Money laundering.

Organized crime.

Terrorism -- Finance.

9780132180245 (hc.)

0132180243 (hc.)

xiv, 316 p. ; 24 cm.

Includes bibliographical references (p. 271-297) and index.

Organized retail crime goes global -- When a deal isn't a deal -- The cost to the stores -- The money trail and the business of cross-border trade -- Profile of a booster and a fence -- Family ties -- Money laundering 2.0 -- The political agenda -- Strange bedfellows -- The failure of preventative measures -- Letting the bad guy get away.

From piracy to counterfeiting to cargo theft, organized retail crime has exploded into a $38 billion industry. Synchronized global teams of thieves are pilfering immense volumes of high-value products, counterfeiting even more -- and using the profits to support the world's most vicious terrorists and criminal gangs. Business reporter Hitha Prabhakar follows the money deep into the world's fastest-growing criminal industry. You'll learn how buying something as innocent as a counterfeit handbag or discounted cigarettes actually funds terrorist groups from Al-Qaeda to Central America's drug lords.

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