Illicit trade

Luna Global Networks Supports Strong Bipartisan Policies to Combat Kleptocracy and Illicit Trade in 2021

Retrieved on: 
Friday, February 5, 2021
Articles, Corruption, Illicit trade, Organized crime, Crime, Smuggling, Illicit, Transnational crime

"The reality is that both corruption and illicit trade are threat multipliers that ripple across borders and imperil democratic freedoms and institutions and systems of open, free, and just societies," said Luna.

Key Points: 
  • "The reality is that both corruption and illicit trade are threat multipliers that ripple across borders and imperil democratic freedoms and institutions and systems of open, free, and just societies," said Luna.
  • Illicit trade, which includes a convergence of numerous trafficking, smuggling, financial, cyber, and fraud crimes, fuels a multi-trillion-dollar illegal economy globally every year."
  • Illicit trade further hampers economic development by preventing the equitable distribution of resources that provide for sustainable futures.
  • David M. Luna is a former US diplomat and currently Chair of the Business at OECD's Anti-Illicit Trade Expert Group; and Senior National Security Fellow, Terrorism, Transnational Crime, and Corruption Center, George Mason University.

PMI Partners with U.S. Department of Homeland Security on Combatting Illicit Trade

Retrieved on: 
Friday, January 29, 2021
Professional services, Public policy, Government, Retail, Other Professional Services, Other Retail, Tobacco, Homeland security, Government, Articles, Federal government of the United States, Corruption, Illicit trade, Organized crime, Illicit, United States Department of Homeland Security, National Intellectual Property Rights Coordination Center, Homeland security

Philip Morris International Inc. (PMI) (NYSE: PM) today signed a memorandum of understanding (MOU) with the National Intellectual Property Rights Coordination Center (IPR Center) at the U.S. Department of Homeland Security (DHS) to assist and support Homeland Security Investigations (HSI) illicit tobacco trade operations and other intellectual property rights investigations.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) today signed a memorandum of understanding (MOU) with the National Intellectual Property Rights Coordination Center (IPR Center) at the U.S. Department of Homeland Security (DHS) to assist and support Homeland Security Investigations (HSI) illicit tobacco trade operations and other intellectual property rights investigations.
  • We are thrilled to partner with DHS and the IPR Center to combat the illicit tobacco trade, said PMIs head of illicit trade prevention for the U.S. Hernan Albamonte.
  • This partnership will provide both parties necessary information to thwart terrorist and criminal organizations that profit from the trade of illicit tobacco and jeopardize our national security.
  • The agreement will also facilitate knowledge transfer between the center and PMI to share mutually beneficial information and research to combat the illicit tobacco trade and assist in other intellectual property rights investigations.

New Study Examines Evolving Challenges Posed by Counterfeit and Illicit Trade

Retrieved on: 
Wednesday, December 16, 2020
Articles, Crime, Forgery, Counterfeit, Illicit trade, Illicit, Brand protection

WASHINGTON, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The challenges posed to brand protection programs by counterfeit and illicit trade are pervasive, numerous and ever-evolving.

Key Points: 
  • WASHINGTON, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The challenges posed to brand protection programs by counterfeit and illicit trade are pervasive, numerous and ever-evolving.
  • Mitigating counterfeit, reducing channel gray market and preventing various fraud are more crucial to brand survival than ever.
  • COVID-19 has introduced both direct and indirect impacts on the way the global market purchases and sells goods, and the scale at which counterfeit and illicit trade is propagated.
  • Independently, these issues add complexity to thwarting counterfeit and illicit trade.