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Aktualitet2024-04-25 07:51:00

Former prosecutor Eugen Beci: Criminal groups are like banks, they give money with usury

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Former prosecutor Eugen Beci: Criminal groups are like banks, they give money

Extortion is not a new story in Albania, but it has a history in Albania, which culminated in 1997. The dramatic story after that is known.

The bankruptcy of the pyramid firms brought the anarchy of that evil year. Today in Albania usurers wreak havoc in a hidden and sophisticated way. Criminal groups have turned into a parallel banking system that lends usurious money at very high interest rates.

"Crime in general will have to circulate all the income it derives from criminal activity. The fact that they are cash and not put into circulation is one of the ways they have chosen the usury scheme and money laundering", said Eugen Beci, former prosecutor.

"It has become like a bank outside of banks and it has thrived and thrives mainly on people with criminal records, who are spread all over the country. In 2019 there were 39 cases, in 2020 it increased to 54, in 2022 over 64 cases", said Fatjon Softa, security expert.

"It is a parallel, illegal market, it is a market that to some extent, to some extent, is good for the economy, because we have to understand that businesses that turn to this alternative parallel borrowing are turned to because they are unable to carry out a transaction similar, or microcredit. Faced with these conditions, the business chooses this other alternative", said Artan Gjergji, an economic expert. /Inside Story

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