Terra Firma Risk Management In the News

Terra Firma Advisors Feature in Economist Article About “Quickie Kidnappings”

  • June 9, 2015

Terra Firma featured in a recent Economist article.

The following excerpts are taken from the article:

In Venezuela, where the number of abductions is rising, “express kidnappings” are the most common sort, according to the Venezuelan Violence Observatory (OVV), a think-tank based in Caracas.

Terra Firma, a security firm with a branch in the city, has noticed that kidnappings surge every two weeks, when most people get paid their wages, which suggests that the victims are working-class.

Economic hardship is one reason for the persistence of low-rent kidnapping. In Venezuela, where the economy is in a slump and foreign currency is scarce, fewer hostages can pay big-dollar ransoms, says a negotiator from Terra Firma.

The Economist “Quickie kidnappings – As abductions get faster, the poor are being targeted along with the rich” – June 6th 2015

For more on Terra Firma Risk Management kidnap response service, please click here.