Illicit Trade | Estateplanning | Vibepedia.Network

Illicit trade refers to the production, distribution, or exchange of goods and services that are prohibited by law, often involving organized crime and corruption. This can include smuggling, drug trafficking, counterfeiting, and human trafficking, among others. Illicit trade operates in both black markets and legitimate markets, evading law enforcement and regulatory bodies. The impact of illicit trade is felt globally, with significant economic, social, and environmental consequences.