Billions in illegal Amazon gold laundered via ghost permits
Greenpeace found miners used ghost permits to launder 3.88 billion dollars in gold. The activity persists in the Amazon despite recent government crackdowns.
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Illegal miners used fraudulent permits to justify sales of 26.8 metric tons of gold worth an estimated $3.88 billion, a Greenpeace study found. The scheme exploits gaps in Brazilian enforcement as gold prices hit record highs. The findings highlight regulatory challenges in monitoring thousands of mining permits across the Amazon.
