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Criminal activities

Triads currently engage in a variety of crimes from extortion and money laundering to trafficking and prostitution. They also are involved in smuggling and counterfeiting goods such as music, video, and software as well as more tangible goods such as clothes, watches, and money.[8] [edit]Counterfeiting Triads have been engaging in counterfeiting since the 1880s. Between the 1960s and 1970s, triads were involved in counterfeiting Chinese currency, often of the Hong Kong 50-cent piece. In the same decade, the gangs were also involved in copying books, usually expensive ones, and selling them in the black market. With the advent of new technology and the improvement of the average person's standard of living, triads have progressed to producing counterfeit goods such as watches, film VCDs / DVDs and designer apparel such as clothing and handbags.[9] Since the 1970s, triad turf control was weakened and some triads shifted their revenue streams to underground as well as legitimate businesses.[7] [edit]Health care fraud In Japan, four triad members were found conducting operations regarding health care fraud and arrested. Prostitution is the business or practice of providing sexual services to another person in return for payment. The person who receives payment for sexual services is called a prostitute or sex worker, and the person who receives such services is known by a multitude of terms. Prostitution is one of the branches of the sex industry. The legal status of prostitution varies from country to country, from being permissible but unregulated, to a punishable crime or to a regulated profession. Estimates place the annual revenue generated from the global prostitution industry to be over $100 billion.[1] Prostitution is sometimes referred to as "the world's oldest profession".[2] Prostitution occurs in

variety of forms. Brothels are establishments specifically dedicated to prostitution. In escort prostitution, the act may take place at the customer's residence or hotel room (referred to as out-call), or at the escort's residence or in a hotel room rented for the occasion by the escort (called in-call). Another form is street prostitution. Sex tourism refers to travelling, typically from developed to underdeveloped nations, to engage in sexual activity with prostitutes. Counterfeit money is imitation currency produced without the legal sanction of the state or government. Producing or using counterfeit money is a form of fraud or forgery. Counterfeiting is almost as old as money itself. Plated plated copies (known as Fourrees) have been found of Lydian coins which are though to be among the first western coins.[1] Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. A form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis forged British pounds and American dollars. Today some of the finest counterfeit banknotes are called Superdollars because of their high quality, and likeness to the real UK pound. There has been a considerable amount of counterfeiting of Euro banknotes and coins since the launch of the currency in 2002. Some of the ill-effects that counterfeit money has on society are:[2][3] a reduction in the value of real money; and increase in prices (inflation) due to more money getting circulated in the economy - an unauthorized artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are not reimbursed for counterfeit money detected by banks, even if it is confiscated.

All content © 2013, Triad Publications, LLC
Updated in February 2013