Terror Financing And The Black Market Cigarette Trade
In Pennsylvania last month, state representatives Russ Diamond and Rick Saccone challenged a $1-per-pack cigarette tax increase (which was later passed into law), arguing that the price hike would regressively target poorer smokers and encourage black market sales. More critically, the two lawmakers pointed out that increased sales of smuggled tobacco would put more money in the pockets of violent extremists who wish to do Americans harm.
That argument raised eyebrows in the press, but the point made by Diamond and Saccone is a critically important one. A major 2015 report from the State Department identified tobacco smuggling as a major threat to national security, noting that selling illegal cigarettes is a relatively “low-risk, high reward” activity for criminal networks and terror groups, who often join forces to exploit the illicit trade.
Related Posts
Fake currency racket busted in Azamgarh, 8 members arrested
The Raunapar police in Azamgarh have busted a gang involved in printing fake...
Lorry driver caught smuggling cigarettes jailed
A lorry driver caught smuggling eight million cigarettes into the UK has been...
FMCG sector: Govt loss at Rs 16,546 cr due to counterfeit brands
To curb the growing menace of counterfeit brands, FMCG companies ITC and...
1.5 million Counterfeit products seized
The Ministry of Commerce and Industry has confiscated over 1.5 million pieces of...



