An informal value transfer system common in the Middle East, North Africa, and the Indian sub-continent. The system operates outside traditional banking systems. In a basic form, a customer contacts a hawaladar and gives him money to be transferred to another person. The hawaladar contacts his counterpart where the second person lives, who remits the funds to that person. A running tally is kept between the hawaladars of which owes the other a net sum. See Alternative Remittance System.
A hawala broker.
Human Smuggling
Human smuggling refers to the transport or illegal entry of a person across international borders in contravention of one or more countries’ laws. Human smuggling differs from human trafficking in that it focuses on the entry or transport, rather than the exploitation of the person involved.
Human Trafficking
Also known as Trafficking in Persons. The trade of humans, most commonly for the purpose of sexual slavery, forced labor or commercial sexual exploitation. Trafficking occurs in almost every country in the world, and is often cited as the second largest criminal enterprise in the world.