10 Things You Didn't Know About The Black Market

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• published: 08 Oct 2016
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Here are the top 10 shocking things you didn't know about the Black Market from crazy cruise ship pirates to illegal organ traders. Subscribe to American Eye http://goo.gl/GBphkv 4. Counterfeit Knockoffs Ever wish you could get ahold of a Louis Vuitton designer handbag or freshly made Italian boots for a fraction of the real price? Well you sort of can nowadays if you're willing to sacrifice a little quality. It might still look like the same thing but the quality is nowhere near the real deal. The knockoff black market brings in about 600 million dollars annually. For handbags that are commonly targeted like chanel, coach, etc. the bag will be made of phony leather that doesn’t feel smooth to the touch. Knockoffs also commonly forget minor details of the real thing, missing pockets and lack similar interior designs. It’s not technically illegal until a copyrighted logo is placed on it. Knockoffs have taken many jobs from hard working Europeans who strive to bring the best quality to their customers. Counterfeit watches like rolexes are the most common target. Watches are small and easy to conceal while transporting, making them a profitable item on the blackmarket. The easiest way to spot a fake Rolex is normally by the weight. Counterfeits are made of much cheaper materials, therefore, not made of precious metals that weigh more. 3. Phone Smugglers Ever wonder what happened to your phone while you were lying on the beach? Did it just disappear? Well it’s very possible that it could have been stolen and sold on the Black Market. Almost everyone we know has some kind of cell phone; about 90 percent in the US with about 67% owning a smartphone. In 2013, about 3.1 million cell phones were stolen in America. In fact, as you were watching this video, about 50 cell phones have been stolen in the US. Some smartphones have devices on them to track their location but once they cross international borders, only a few things need to be done in order for them to work like new. Phones are smuggling in various different ways because of their size. This man here was caught trying to even smuggle cellphones into prison where it would fetch a great price. Organized trafficking systems shipping American phones on every continent in the world besides Antarctica, but mostly to China. The phones are wiped of all previous data by highly paid experts. The phones are sold as new even in legitimate stores with the new phone owner having no idea someone in the US owned it. So keep an eye on your phones! 2. Gun Smuggling America doesn’t just play a crucial role in the cell phone black market. Because of our 2nd amendment, American guns are supplying criminals all over the world; most notably, the Mexican Cartel. A recent study, claimed that guns coming from America to Mexico is much higher than previously believed. An estimated 2000 firearms enter Mexico illegally across the border each day. If you do the math, that’s about 730,000 a year, creating a huge black market in the process and enough to supply a few armies. Guns that were used in illegal crimes become “hot” and are too risky to carry. That doesn’t mean that no wants them though. Weapons used in crimes get sent south of the border, where firearms are in high demand in countries in Central America like Nicaragua. Even within US borders, states with more lenient gun laws like in Arizona become targets for people who legitimately by guns then sell them in states with strict laws like in California. 1.Money Laundering So you’re black market operations are finally successful and you have more money than you know what to do with. The only problem is, it might cause suspicion from the government if you’re making all this money with no legitimate occupation. It also usually needs to be transported across the border back to the cartel. Money laundering is the concealing of illegally obtained money in order with the main purpose of depositing to the bank eventually. Rich black marketeers have found many intriguing ways to laundering their cash, making their money, clean enough to eat off of. They often invest their profits in legitimate businesses, like bars, hotels, construction companies and currency exchanges; these places only accept cash of course. The entire city of Cancun, Mexico was basically built to launder money from American tourists. Large buildings are often funded off of drug money. An intriguing method used by the cartel is having one of their construction companies build some houses, then then those house are sold to another cartel owned front, creating clean money in the process.

10 Things You Didn't Know About The Black Market

• Report rights infringement
• published: 08 Oct 2016
• views: 93775

Here are the top 10 shocking things you didn't know about the Black Market from crazy cruise ship pirates to illegal organ traders. Subscribe to American Eye http://goo.gl/GBphkv 4. Counterfeit Knockoffs Ever wish you could get ahold of a Louis Vuitton designer handbag or freshly made Italian boots for a fraction of the real price? Well you sort of can nowadays if you're willing to sacrifice a little quality. It might still look like the same thing but the quality is nowhere near the real deal. The knockoff black market brings in about 600 million dollars annually. For handbags that are commonly targeted like chanel, coach, etc. the bag will be made of phony leather that doesn’t feel smooth to the touch. Knockoffs also commonly forget minor details of the real thing, missing pockets and lack similar interior designs. It’s not technically illegal until a copyrighted logo is placed on it. Knockoffs have taken many jobs from hard working Europeans who strive to bring the best quality to their customers. Counterfeit watches like rolexes are the most common target. Watches are small and easy to conceal while transporting, making them a profitable item on the blackmarket. The easiest way to spot a fake Rolex is normally by the weight. Counterfeits are made of much cheaper materials, therefore, not made of precious metals that weigh more. 3. Phone Smugglers Ever wonder what happened to your phone while you were lying on the beach? Did it just disappear? Well it’s very possible that it could have been stolen and sold on the Black Market. Almost everyone we know has some kind of cell phone; about 90 percent in the US with about 67% owning a smartphone. In 2013, about 3.1 million cell phones were stolen in America. In fact, as you were watching this video, about 50 cell phones have been stolen in the US. Some smartphones have devices on them to track their location but once they cross international borders, only a few things need to be done in order for them to work like new. Phones are smuggling in various different ways because of their size. This man here was caught trying to even smuggle cellphones into prison where it would fetch a great price. Organized trafficking systems shipping American phones on every continent in the world besides Antarctica, but mostly to China. The phones are wiped of all previous data by highly paid experts. The phones are sold as new even in legitimate stores with the new phone owner having no idea someone in the US owned it. So keep an eye on your phones! 2. Gun Smuggling America doesn’t just play a crucial role in the cell phone black market. Because of our 2nd amendment, American guns are supplying criminals all over the world; most notably, the Mexican Cartel. A recent study, claimed that guns coming from America to Mexico is much higher than previously believed. An estimated 2000 firearms enter Mexico illegally across the border each day. If you do the math, that’s about 730,000 a year, creating a huge black market in the process and enough to supply a few armies. Guns that were used in illegal crimes become “hot” and are too risky to carry. That doesn’t mean that no wants them though. Weapons used in crimes get sent south of the border, where firearms are in high demand in countries in Central America like Nicaragua. Even within US borders, states with more lenient gun laws like in Arizona become targets for people who legitimately by guns then sell them in states with strict laws like in California. 1.Money Laundering So you’re black market operations are finally successful and you have more money than you know what to do with. The only problem is, it might cause suspicion from the government if you’re making all this money with no legitimate occupation. It also usually needs to be transported across the border back to the cartel. Money laundering is the concealing of illegally obtained money in order with the main purpose of depositing to the bank eventually. Rich black marketeers have found many intriguing ways to laundering their cash, making their money, clean enough to eat off of. They often invest their profits in legitimate businesses, like bars, hotels, construction companies and currency exchanges; these places only accept cash of course. The entire city of Cancun, Mexico was basically built to launder money from American tourists. Large buildings are often funded off of drug money. An intriguing method used by the cartel is having one of their construction companies build some houses, then then those house are sold to another cartel owned front, creating clean money in the process.