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‘Intangible’ carbon markets are ripe for crime - INTERPOL

Posted on 06 August 2013

Carbon markets are particularly vulnerable to criminal activity because the “commodity” being traded has no physical presence and is difficult to measure, INTERPOL has said. Criminals can target the fast-growing market through securities fraud, insider trading, embezzlement, money laundering and cybercrime, the world’s biggest international police organisation shows in a new guide to carbon trading crime.
“The noteworthy potential for the carbon market to be exploited rests on a single significant vulnerability that distinguishes it from other markets – the intangible nature of carbon itself,” says the guide………………………………………..Full Article: Source


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