Counterfeit

Another dimension of Ecuatorian crime: Counterfeit money. Ecuador switched from the Sucre to the Dollar in 2000, and this has supposedly attracted ne'erdowell drug-running Colombians to Ecuador, where they can easily launder money into a stable currency, like the US Dollar, committing all sorts of crime in the process.

Quito giveth and Quito taketh away....

April 4th 2008
Quito is a big city, and like any big city, it's dangerous. Like our own city, Denver, Quito has 2 million citizens, but these 2 million Quiteños have to cohabitate in a fraction of Denver´s area. Adding to the temptation to steal is the huge gap between the rich and the poor, and, in particular, between the Ecuatorians and the Americans. While the living wage in America gets you about $2000 ... read more

South America » Ecuador » North » Quito

The "Republic of the Equator" was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others are Colombia and Venezuela). Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A b... ... read more

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