1. Ivory Coast:$0.039 Billion ($39 Million)


  2. Black Market Crime in Ivory Coast


Ivory Coast Security Threats

Data and information about security threats from the Ivory Coast’s black market. Intelligence and security information collected from government agencies, news articles and other public data sources.

In an interview with the BBC, a cyber criminal based in the Ivory Coast stated that he can make up to $6767 to $16,237 (€5,000 to €12,000) on a good month targeting victims with online dating scams.

(Illegal jobs and the money they earn.)

The most profitable scams for the “brouters” (as cyber criminals are called in the Ivory Coast) is the “love method”, where online dating customers are are targeted because they are looking for love. The scammer would begin chatting with the victim and start exchanging pictures and messages. Eventually, they would lay out the “tax”, or the amount of money needed in order to visit the victim in person. For example, they would tell the victim that they would love to visit them in France, but they first need to pay $6,800 in debts in order to leave, and the victim would send them the money.

According to security intelligence services,online criminals in Ivory Coast is between the ages of 16 and 17. On average, each one of these teenagers are able to make around $13,000 a month from online fraud. At internet cafes, they pay less than $1 for 4 hours of online access.

(More prices and fees of online fraud and hackers.)

Source:  Tamasin Ford, “Ivory Coast cracks down on cyber crime,” BBC News, January 16, 2014.

In a 2013 report conducted by the United Nations, the value of diamonds being illegally smuggled out of Ivory Coast was reported to be between $12 Million to $23 Million a year.

Back in 2006, a report examining the Kimberly Process also reported that $23 Million in diamonds was being smuggled out of the Ivory Coast.

Source:  Michelle Nichols, “Embargo fails to stop Ivory Coast illicit diamond trade: U.N. experts,” Reuters, October 24, 2013.

In 2012, up to 30 percent of the drugs sold in Kenya were believed to have been counterfeits, according to the Pharmacy and Poisons Board of Kenya.

In Ivory Coast, the rate of counterfeit drugs sold was between 20 to 25 percent.

Source:  AFP, “Counterfeit medicine trade targets Africa’s poor,” Google News, August 22, 2013.

Nigerian women and girls are being trafficked to the Ivory Coast and forced to work in the prostitution industry.

The women service between 15 to 30 men a night at a cost of $2 per act.

(Reported Prostitute Prices Worldwide.)

Source: AP, “Nigeria teens sold for prostitution in Ivory Coast,” Google News, August 27, 2010.

Additional prostitution stats and prices available in our ebook:
prostitutionbook

The President of the Chamber of Commerce in the Ivory Coast stated that at least $300 Million is paid out in bribes each year at illegal checkpoints within the country.

(Additional types of corruption.)

Source: “Ivory Coast checkpoint bribes cost ‘$300m’ ,” BBC News, May 4, 2010.

Diamond smuggling in the Ivory Coast leads to $23 Million worth of diamonds to leave the country each year.

$23 million of diamonds smuggled out of Ivory Coast each year.

(Additional illicit products sold around the world.)