Weekly InSight

This week, we investigate how Venezuela’s protracted economic crisis and rampant dollarization have fed a national demand for counterfeit dollars. Criminal groups in neighboring Colombia and Peru have ramped up their counterfeit production to supply this demand and transformed useless Venezuelan bolivars in the process.  


In Colombia, we speak to “Jerónimo,” the spokesperson of the Shottas gang, one of the two groups involved in peace talks with the Gustavo Petro government in the Pacific port city of Buenaventura, a principal departure point for drugs. And in the department of Cauca, we examine why the killings of social leaders are at their highest since 2016.


We also ask whether the capture of Venezuelan crime boss, Guillermo Rafael Boscán Bracho, alias “Yiyi,” in Argentina signals a turning of the tide for other Venezuelan gang leaders abroad and explore the Chilean government's attempts to take back public space from organized crime by tearing down narco-mausoleums.

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In the heart of the commercial sector of the Sabana Grande neighborhood, in Caracas, Venezuela, more and more vendors have been forced to acquire electronic equipment to identify counterfeit dollars.


“I’ve personally spotted fake dollars -- I recognize them by the texture,” says Consuelo*, the manager of a store in the area. “When I grab them, I know right away that they are counterfeit. I’ve picked up $100 and $20 bills.”


Read the article here >

InSight Crime's in-depth investigation into the expansion across South America of Tren de Aragua, Venezuela's notorious homegrown gang, has sparked interest across the region. Tens of thousands have read the investigation since it was published last week, and leading regional news outlets have also republished it on their sites.  


Read the full investigation here  >

This Week's Criminal Profile: The ELN

The National Liberation Army (Ejército de Liberación Nacional – ELN) is Colombia’s last true insurgency and one of Latin America’s most powerful criminal organizations. Due to its expansion and strengthening in Venezuela in recent years, it has established itself as a binational guerrilla.


Initially, the ELN was a nationalist movement influenced by the Cuban revolution, focused on kidnapping, extortion, and attacking oil infrastructure. Although it avoided any involvement in drug trafficking for decades, it has become deeply involved in the international drug trade in recent years.

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