Financial sector not using its full power to fight human trafficking: report

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  • 2017•07•11     Reuters.com

    An excerpt from the article by reuters.com:

    The global financial sector is not fully using tools it has at hand to help fight human trafficking, from reporting suspicious credit card activity to seizing assets, said a report released on Tuesday by a United Nations think tank.

    The United Nations University (UNU) said financial tools were a powerful means to disrupt the flow of money generated from human trafficking, with the illegal industry estimated to be worth about $150 billion a year.