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90% of retailers in Colombia are being extorted

A retail industry leader has said that 90% of retailers in Colombia are being extorted by criminal organizations, according to newspaper El Pais. According to regional FENALCO director Sergio Soto, shopkeepers are being extorted for amounts between $75 and $125 on a weekly basis. In cases of truck drivers transporting food, the trade most vulnerable to extortion, the amount can go as high as $500 a week.

via 90% of retailers in Colombia are being extorted: FENALCO – Colombia News | Colombia Reports.

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