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Wednesday, November 16, 2011

Read this: Black Market Billions

My friend Hitha Prabhakar, Bloomberg reporter and retail fashion expert, just wrote a book I highly recommend (full disclosure: I'm still reading it, but I can say it's fascinating and eye-opening) called Black Market Billions: How Organized Retail Crime Funds Terrorists

. Official description from Amazon:

Black Market Billions blows the lid off the world’s fastest-growing illicit industry: organized retail crime. Hitha Prabhakar reveals how criminals with ties to terrorist groups around the world are committing huge product thefts, and using the profits to fund terrorist acts. Prabhakar connects the dots and follows the money… from consumers “dying for a deal” to terrorist cells eager to do the killing.

"...Illuminates how organized retail crime (ORC) thrives amid a recessive economy as penny-pinching consumers turn to cheaper ways of purchasing everything from luxury items to prescription and over-the-counter drugs. Prabhakar’s indignation is well supported by chapters on the many interlocking facets of black-market thievery...Sharp-pencil analysis on the seemingly futile battle against retail fraud." (Used with permission from Kirkus Reviews Online)

Photo below is from her book party, by Stacie Joy.

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