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November 15, 2021

Your kidney is worth $150K on the black market

The North American financial system may be repairing, yet such is not the case in many regions, where recession doesn’t indicate fiscal performance of the day, rather enduring economic despair.

Indeed, poor countries are poor countries, but while residents will do anything to free their families from poverty, of course, desperate and dangerous behaviours have reached this side of the Atlantic, according to a new report.

By an investigation from Bloomberg Markets Magazine, the global black market for illegal human organs is thriving, and many are rushing in to sell parts of their body for some quick cash.

Kidneys, the report says, can be sold for upwards of $150,000 on the black market.

From Bloomberg, the poor of many nations in Eastern Europe and the Middle East are signing up to sell their kidneys to illegal traffickers, though are often getting more risk than they’ve bargained for.

*Bing: What are the health risks of living with one kidney?

Leaving the obvious risks of back-room surgery aside for the moment, those desperate enough to answer black market ads to sell their organs for the promise of cash are being threatened, extorted and, in some of the worst cases, left to die following their operations.

In some countries, advertisements seeking human organs promise to pay about $10,000 for a kidney, which can then be resold by traffickers for as much as $150,000 on the black market. One man who had his kidney removed in Istanbul was paid only $7,000 – $2,500 of that turned out to be in counterfeit bills – and was told his family would be killed if he went to police.

Today, Bloomberg reports, the man goes to bed some days “writhing from pain in his remaining kidney.”

Perhaps surprisingly, while buying or selling an organ is illegal in every country in the world except Iran, the grisly practice isn’t just happening in motel rooms in Eastern Bloc nations.

A Brooklyn man plead guilty late last month to trafficking a kidney to an FBI informant in New Jersey, marking the first time in U.S. history anyone has been convicted for brokering illegal kidney transplants for profit.

By Jason Buckland, MSN Money



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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...