Illicit: the Dark Trade

Topics: Economics, Crime, Bribery Pages: 1 (306 words) Published: April 29, 2013
Bus 335
Illicit: The Dark Trade
In today’s world criminal organizations play a huge role in almost every form of trade that isn’t always seen or noticed by the general population. Since the 1990’s illegal crime related trade has increased at a rate of seven times faster than your everyday normal legal trade. It is estimated that in the future “Dark Trade” will reach a level of approximately 10% of all the trade that goes on. Ten percent of all the trade being affiliated with illegal actions is a very large number. Essentially 1 in 10 transactions will have either a form of scam, smuggling, or any other illegal activity involved with them. A very popular form of this dark trade is producing counterfeit products and selling them as legitimate. Examples include counterfeit prescription, non prescription medicines and counterfeit name brand bags. Although the list goes on forever to things that are being produced in a counterfeit manner these are just a couple of common examples. Essentially where a crime organization sees a chance for profit, they are going to take it. The ways that this is done are numerous. These illegal actions have serious consequences on society as a whole; with issues such as money laundering, bribery, and corruption affecting big businesses and politics maybe even to level that is unknown to the general public. When people of power in political positions are being bribed to sway their opinion in one way or another that benefits a business and leaves others left out to dry essentially no good can come out of it in the long run. In a rapidly evolving world such as the one we live in with technology growing at such a quick pace criminal organizations also have these same technological tools in their arsenal enabling them to do unforeseen things.
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