Intelligence from security agencies across Colombia estimate that nearly 150 different organized crime gangs earn over $100,000 a month from various micro-exortion demands. In total, the amount of extortion money that gangs earn per year is over $1 Billion.
The gangs target various working professionals at a small rate. Media reports from Colombia state that teachers were paying $7.90 a month in micro-extortions to gangs in order to work. Bicycle taxis operating in Bogota must pay $1.50 per day.
In the town of Narino, security officials claim that 1,300 businesses were forced to shut down due to extortion attempts between 2011 and 2013.
Source: Natalie Southwick, “Colombia Micro-Extortion Targets Teachers, Bicycle Taxi Drivers,” Insight Crime, September 23, 2013.