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Black Market

360 Million Newly Stolen Credentials Being Sold On The Black Market

Reuters | Posted 02.26.2014 | Technology

(Reuters) - A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cy...

Lebanon's Weed Trade Thrives In Chaos Of Syrian War

Agence France Presse | Rana Moussaoui | Posted 01.26.2014 | World

Lebanese marijuana grower Abu Sami is practically rubbing his hands together with glee: the Syrian conflict has paralysed authorities at home and left...

Buying Into a Bubble: The Black Market Dollar in Venezuela

Mark Weisbrot | Posted 01.23.2014 | Politics
Mark Weisbrot

Asset bubbles are as old as the market. They can have different origins and historical specifics, but the core dynamic is relatively simple: People buy something because its price is going up and they believe it will rise more.

Cultural Racketeering and Why it Matters: Robbing the World of History

Deborah Lehr | Posted 01.23.2014 | World
Deborah Lehr

Many of us are familiar with crimes committed by organized gangs, from drug running, the weapons trade, to the sex trade. However, there is one kind of crime, the looting and trade of antiquities that is on par with these abhorrent black market businesses, yet seldom discussed.

Recycle Yourself: Q&A With Transplant Surgeon Chris Barry

The Morningside Post | Posted 11.17.2013 | Impact
The Morningside Post

Throughout the United States, more than 115,000 people are currently waiting for organ transplants, and last year almost 7,000 individuals died waiting. Roughly the same number will die this year too. "That's equivalent to 13 747 jets filled to capacity crashing every year."

What Tobacco Tax Advocates Can Learn From American Drug Policy

Keith Humphreys | Posted 06.12.2014 | Politics
Keith Humphreys

Among my colleagues in the public health and addiction fields, I am nearly alone in disliking President Obama's proposed doubling of federal cigarette taxes. My reservations stem from the hard lessons of America's policy towards illegal drugs.

Paris Police Seize 60 Tons of Fake Stuff That's Not Legally Fake

Tony Phillips | Posted 09.25.2013 | Weird News
Tony Phillips

I read recently that authorities seized 60 tons of bootleg Eiffel Tower replicas from a warehouse near Le Bourget airport. We're talking about tin statuettes eight-centimeters in height.

12 Bizarre Items You Won't Believe People Break The Law To Buy

The Huffington Post | Harry Bradford | Posted 06.26.2013 | Small Business

Some people will do anything they can to get their hands on their favorite products. Items bought and sold underground, or on the black market, mak...

7 Terms You Have To Know When Retiring Overseas

Kathleen Peddicord | Posted 07.06.2013 | Fifty
Kathleen Peddicord

If you enjoy reading stories about the sea and sailing ships, you understand that, to do that, you need a special vocabulary. Read Joseph Conrad tales, for example, and you need to know that petty, poop, port and prop have specific meanings quite apart from what they might conjure up in another context. Similarly, when you move overseas you may need some new vocabulary.

Small Screens, Big Business

Arianna Huffington | Posted 07.03.2013 | Crime
Arianna Huffington

In this week's issue, Gerry Smith looks at one of the less savory effects of recent technological innovation: the billion-dollar black market for stolen smartphones. And Lila Shapiro considers the career of former New Jersey Governor James E. McGreevey, nearly a decade after he resigned with the admission that he was "a gay American."

The Decriminalization Downfall

The Brown Daily Herald | Posted 06.11.2013 | College
The Brown Daily Herald

Marijuana decriminalization is a tiny Band-Aid that has been touted as a quick fix for state governments across the country. Want to deal with overflowing prisons? Decriminalize. Want to make citizens happy? Decriminalize. Unfortunately, a Band-Aid is pretty bad at healing a bleeding artery

Venezuela: On the Death of Chávez and the Ailing Bolivar

Steve H. Hanke | Posted 05.12.2013 | World
Steve H. Hanke

How can Venezuela stave off a currency crisis and place its economy back on a solid monetary foundation? The solution is simple: replace the bolivar with the U.S. dollar.

Alice Hines

In The Wake Of Sandy, A Black Market For Candles And Batteries In Chinatown

HuffingtonPost.com | Alice Hines | Posted 10.31.2012 | Business

Less than 48 hours after Hurricane Sandy wiped out all power in lower Manhattan, batteries, candles and flashlights have become as valuable to gold to...

'Shocking Quantities' Of Rat Meat Sold Illegally In London Market

Posted 09.25.2012 | World

"Shocking quantities" of "potentially unsafe" rat meat are being sold illegally in London marketplaces, BBC reports. An undercover investigation co...

10 Luxury Cars That Are Most Likely To Be Stolen

The Huffington Post | Alicia Ciccone | Posted 08.10.2012 | Money

Every 40 seconds a car in the United States is stolen, according to the most recent FBI data on auto theft. While the Toyota Camry takes home the ...

Man Allegedly Smuggled More Than $1 Million Worth Of Fake Cigarettes

AP | Posted 09.01.2012 | Business

PROVIDENCE, R.I. — A Chinese national pleaded not guilty Monday to charges that he smuggled more than $1 million worth of fake Marlboro cigarett...

Human Trafficking a Growing Global Scourge

Andrew Lam | Posted 07.29.2012 | Crime
Andrew Lam

Human trafficking is the fastest-growing criminal business in the world, according to the State Department. It ranks only second to drug trafficking in profitability, bringing in an estimated $32 billion annually.

iPad Black Market Falls On Tough Times

Reuters | Gerry Shih, Poornima Gupta and Lee Chyen Yee | Posted 05.26.2012 | Technology

By Gerry Shih, Poornima Gupta and Lee Chyen Yee SAN FRANCISCO/HONG KONG (Reuters) - Early on the morning of March 16, Wong Tat joined a...

How Thieves Stole Priceless Paintings And Got Away With It

Posted 01.09.2012 | Arts

Thieves broke into Greece's National gallery early Monday morning and stole three works of art, including a Picasso and a Mondrian. Picasso's 1939 ...

Shadow Economy World's Second Largest

Posted 01.07.2012 | Business

By Freakonomics: In 2009, the OECD concluded that half the world's workers (almost 1.8 billion people) were employed in the shadow economy. By 202...

NYC Man Pleads Guilty To Selling Kidneys On The Black Market

AP | SAMANTHA HENRY and DAVID PORTER | Posted 12.27.2011 | New York

TRENTON, N.J. — A New York man pleaded guilty Thursday to what experts said was the first ever proven case of black-market organ trafficking in ...

Rhino Horns Worth More Than Gold, Leads To Wave Of Museum Thefts

Posted 10.26.2011 | Arts

Art theft results in an estimated loss of $6 billion each year, but does that take into account the amount people will pay on the black market? The...

What Happens To Art Post-Heist?

Stealing Beauty | Posted 10.07.2011 | Arts

A spate of high-profile art thefts—among them the San Francisco Picasso heist that led to the discovery of a veritable museum in the thief’s Hobok...

Knockoffs And Counterfeits Pose Risks To Your Health

AOL Daily Finance | Loren Berlin | Posted 08.17.2011 | Business

Talking about knockoff jackets with Kevin Spreekmeester, the global marketing vice president for outdoor clothing company Canada Goose, is a bit like ...

Netcare, South African Hospital, Charged in Organ Trafficking

AP | DONNA BRYSON | Posted 05.25.2011 | World

JOHANNESBURG — A major South African hospital chain and its chief executive have been charged after years of investigation into a human organ traffi...