International Kidnapping as a Business

Topics: Kidnapping, Ransom, Insurance Pages: 5 (1550 words) Published: February 22, 2005
Summary: 5 pages. 7 sources. APA format.
International kidnappings are on the rise and have become one of the fastest growing ‘industries' in the world. This paper looks at kidnapping as a thriving business.

International Kidnapping as a Business

The kidnapping and ransom of individuals for profit has dramatically increased in the past decade throughout the world. While the majority of victims are wealthy businessmen, more recently, the average tourist has become a target for kidnappers looking for monetary and material gain. In recent years, kidnappers have also become more organized and are demanding more money for the safe return of hostages. Why has international kidnapping been on the increase? The simple answer is because it has become an extremely profitable form of business transaction for the kidnappers. This paper analyzes and scrutinizes international kidnapping as a thriving business.

The Business of Kidnapping
Kidnappings around the world have typically had one of two major goals: publicity for a local political cause or as a form of ‘fund-raising' for the kidnappers. Recently, kidnappings for political reasons have been on the decrease, whereas kidnapping for profit has seen a dramatic increase. A prime example of this trend is in Colombia. According to writer David Williams, Colombia is considered to be the kidnapping capital of the world, with rival guerrilla and paramilitary groups consistently abducting civilians –- including businessmen, tourists and aid workers (2001, para.1). The ransom money obtained from these activities is used primarily to finance a 37-year civil war in Colombia (Williams, 2001, para.1). The U.S. State Department estimates that more than 3,000 people are kidnapped in Colombia each year (Williams, 2001, para.2). Most kidnap victims are Colombians who are either wealthy or who can at least come up with a few thousand dollars. And, according to Williams, although the kidnappings are most often performed by political dissidents, the motivation for the kidnappings is usually money, not politics (para.11). Mike Ackerman, founder of The Ackerman Group, a Miami, Florida-based firm that consults companies in kidnap and ransom cases, said "They are political groups that do the kidnapping, but they're out for money. The political groups have to support themselves and one of the ways that they support themselves is through these ransoms" (Williams, 2001, para.12). Others have echoed this opinion as well. "It's strictly a business for the experienced groups in Latin America; they don't want to harm the victim," said Chris Marquet who heads the risk assessment division of Kroll Associates, a leading international security firm. "You play the game, the guy's going to come back." (Wall, 1997, para.5). Colombia is not the only country to be plagued with this increase in kidnappings for profit. Ransom kidnappings are becoming more common in Mexico, Central America, Brazil, Chechnya, the Philippines, Haiti, and many other developing countries throughout the world (Williams, 2001, para.13). A dramatic account of the increase in global abductions can be found in Ransom: The Untold Story of International Kidnapping by Ann Hagedorn Auerbach (1998). This book focuses on kidnappings that took place throughout the world between 1995 and 1997. Auerbach's writes of kidnappings that occurred in places like Kashmir, Papua New Guinea, and others. And, again, although many kidnappings are politically motivated, Auerbach asserts that a growing number are simply fund-raising exercises by guerrillas or common criminals (1998). For example, when a new rebel group, the Popular Revolutionary Army, surfaced in Mexico in 1996, experts concluded that the group financed itself through kidnappings carried out over the previous two years. Auerbach emphasizes that one of the causes of the worldwide increase in kidnappings for profit is that billions of dollars in foreign...

Bibliography: Auerbach, A. H., (1998). Ransom – The Untold Story of International
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Wall, T. (February 26, 1997). The Kidnap Business.
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