Report on asset recovery and confiscation: “Ensuring that crime does not pay"
/On 2 June 2020, the Commission presented its report on asset recovery and confiscation, entitled “Ensuring that crime does not pay.” The proceeds of organised crime in the EU are currently estimated at about €110 billion per year. As reported by Europol, however, only about 2% of criminal proceeds are frozen, and 1% is confiscated in the EU. Hence, organised crime groups are still able to invest in the expansion of their criminal activities and continue to infiltrate the legal economy.
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