We must continue to increase international cooperation to investigate and prosecute the webs of corruption and criminality in sport; identify and prevent access by kleptocrats and criminals to financial systems; deny safe haven to criminals and corrupt officials; identify, recover and return proceeds of their criminality; and provide anti-crime assistance for capacity and training to strengthen critical law enforcement and rule of law systems.
David M. Luna President & CEO Luna Global Networks & Convergence Strategies LLC Capitol Hill Rayburn House Office Building Washington, DC May 24, 2019 Prepared Statement before… Read more “Combating Trade-Based Money Laundering and Other Forms of Threat Finance that Fuel Illicit Commerce: Harms to the American Economy, Businesses, and Citizens”
Illicit commerce is seriously harming the U.S. economy, impacting critical American industries and brands, and posing a grave threat to the health and safety of our citizens and communities. Criminals and counterfeiters are expanding their market share with fake products in storefront and on-line markets, contributing to a growing global illegal economy valued at between $500 billion and $3 trillion. Criminally-derived profits (or dirty money) related to corruption and money laundering constitute several trillion dollars more that further finances insecurity and instability around the world.
The formation and use of anonymous companies undermine the economic and financial interests of U.S. companies and markets according to a new report published Monday by the Financial Accountability and Corporate Transparency (FACT) Coalition. The author, former Chair of the OECD Task Force on Countering Illicit Trade David M. Luna, found that criminals and counterfeiters are expanding their market share with fake products in storefront and on-line markets, contributing to a growing global illegal economy valued at between $500 billion and $3 trillion.
The U.S. needs to double down on efforts to assure more effective cooperation with China, Mexico and Canada, bilaterally and through a new four-way framework to halt the deadly fentanyl commerce.
The Ghost Orchid Coalition, announced today that it will call Nashville its home. https://ghostorchidco.org/ The Ghost Orchid Coalition aims to counter human trafficking across the USA. Nashville, TN (PRUnderground) February… Read more “Ghost Orchid Coalition – Counter Human Trafficking Coalition Calls Nashville Home”
A Strategic Advantage: Luna Global Networks is well-prepared to help tackle among the most pressing illicit trade and governance challenges and related security threats across borders, markets, and industries… Read more “Anti-Illicit Trade (AIT), Brand Protection Solutions, Supply Chain Security Strategies”
The GTDW Anti-Illicit Trade Alliance (AITA) and Anti-Illicit Trade & Brand Protection (AIT-BP) initiative were created, co-financed and chaired by Luna Global Networks & Convergence Strategies LLC,… Read more “GDTW Anti-Illicit Trade & Brand Protection (AIT-BP)”
Bridging Anti-Illicit Trade Partnerships and Strategic Alliances: Promoting Strong International AIT Leadership and Advocating a Comprehensive and Multi-Disciplinary Approach to AIT Anti-Illicit Trade (AIT) Committee, United States… Read more “Anti-Illicit Trade (AIT) Committee, United States Council for International Business (USCIB)”
Illicit Trade and Cybercrime are serious security threats that fuel a multi-trillion dollar global illegal economy every year and that harms every sector, market, industry, and community… Read more “Managing Brand and Market Reputational Risks”