cash store: Crime syndicates are increasingly smuggling it, stealing it or robbing it from other smugglers who don't have ties to gangs, according to The Japan Times. A gold smuggler isn't likely to report any theft to the authorities and therefore makes the perfect victim. The origins of gold are difficult to trace, and the material is easy to convert into cash and store. Over the past three years, thieves have conducted a Reservoir Dogs -style gold heist dressed as police officers hijacked a Mercedes believed to have been loaded with gold and robbed gold dealers in broad daylight. And yet crime syndicates have been interested in gold for some time. According to the Finance Ministry, customs reported 294 cases of gold smuggling between July 2015 and June 2016.
(news.financializer.com). As
reported in the news.
Tagged under cash store, police officers topics.