Why diamonds are a great contraband product

Posted on April 26, 2008
Filed Under environmental goods |

Author Larry Kahaner reported on the value of diamonds as an illicit product. Kahaner stated that “Diamonds and other gemstones are perfect for moving wealth around they are small, hold their value, and are universally acceptable as barter, don’t set off airport metal detectors, and can easily be converted to cash.”

Source: Larry Kahaner, AK-47: The Weapon That Changed The Face Of War, (New Jersey: John Wiley & Sons, 2007), pg. 90.

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