Estimated Amount of Ransoms Paid Out Worldwide in 2010

in Transnational Crime

At the end of 2010, an estimated $1.5 Billion (1 Billion British Pounds) was estimated to have been paid out in ransom to kidnappers around the world.

The estimated market value of kidnapping was higher than the $500 Million previously reported.

Source: Esme McAvoy and David Randall, “The £1 billion hostage trade,” Independent, October 17, 2010.

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