New UN Report Says Criminals May Have Laundered $1.6 Trillion in 2009

by Gary Kopycinski on October 25, 2011

Gary Kopycinski Author

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NEW YORK–(ENEWSPF)–25 October 2011. Criminals may have laundered around $1.6 trillion in 2009, one fifth of that coming from the illicit drug trade, according to a new report by the United Nations Office on Drugs and Crime (UNODC).

The $1.6 trillion represents 2.7 per cent of global gross domestic product (GDP) in 2009, says the agency. This figure is in line with the range of two to five per cent of global GDP…