
Environmental organized crime is a massive global enterprise, bringing in hundreds of billions of dollars each year — and the U.S. financial system appears to be helping conceal its profits.
Interpol estimates that environmental crime such as poaching and illegal logging generates up to $281 billion a year, making it the third-most lucrative illegal business worldwide.
Although the crimes themselves take place in various parts of the world, America’s financial system makes it ideal for parking and laundering the proceeds due to weaknesses in its anti-money-laundering infrastructure, according to Julia Yansura, program director for environmental crime and illicit finance at the Financial Accountability and…