Global Economic Crisis Not Hurting Mafia

   The Italian Mafia, the country’s organized crime network and biggest enterprise, has not been affected by the global economic crisis, a report by an Italian business association said on Tuesday.

The Mafia has a turnover of 130 billion euros (US$163 billion) — surpassing any other Italian enterprise this year — and a profit approaching 70 billion euros, said the report by Confesercenti, a group of 270,000 businesses specializing in the tourism and service sectors.

An official from the group said the Mafia could use the current weakness in other businesses to boost its position.

The main revenue sources for the Mafia are drug trafficking (59 billion euros), racketeering (9 billion euros) and usury (12.6 billion euros). These are followed by arms trafficking, contraband and prostitution.

Source: Tapei Times


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