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The North Korean Ministry of Organized Crime
The North Korean Ministry of Organized Crime was formed in the 1970s. Estimates range from $1.5 billion to just under $20 billion annually, says John Defterios. It sets up a whole variety of false front companies through which money can be rooted and laundered, he adds. This is a point when you actually have a state that has decided to fully embrace this particular dark side of the modern global order, defterios writes.