ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

New York Association of Wholesalers and Distributors Takes a Stand Against Criminals and Terrorist Organizations, Calls for an End to the Illegal Underground Bootlegged Cigarette and Tobacco Market

By: Get News
New York Association of Wholesalers and Distributors Takes a Stand Against Criminals and Terrorist Organizations, Calls for an End to the Illegal Underground Bootlegged Cigarette and Tobacco Market
The illegal cigarette market is at epidemic proportions, with New York City alone witnessing nearly 90% of the market dominated by illegal cigarette, illegal vapor, and other illegal untaxed tobacco related products. Statewide, the figure stands at over 60%. These alarming statistics are not merely numbers; they represent Billions of Dollars lost for taxpayers and Billions of lost revenues to the legal distribution and retail community.

The New York Association of Wholesalers and Distributors (NYAWD) is proud to announce its unwavering commitment to eradicating the illegal underground bootlegged cigarette market in fighting against criminals and terrorist organizations. NYAWD urges the government to act decisively and put an end to the funding of these dangerous entities.

The illegal cigarette market is at epidemic proportions, with New York City alone witnessing nearly 90% of the market dominated by illegal cigarette, illegal vapor, and other illegal untaxed tobacco related products. Statewide, the figure stands at over 60%. These alarming statistics are not merely numbers; they represent Billions of Dollars lost for taxpayers and Billions of lost revenues to the legal distribution and retail community.

NYAWD believes that a fair and level playing field is essential for a thriving marketplace that operates within the bounds of the law. The association aims to generate an additional $2 billion per year for New York's taxpayers and billions more for hardworking members of the legal distribution community. However, persistent challenges and roadblocks hinder progress, suggesting the presence of hidden forces at work.

The connection between the illegal cigarette trade and the funding of terrorist organizations cannot be ignored. The Peter King report on the sale of illegal cigarettes funding terrorism highlights how the first bombing of the World Trade Center was financed through illegal, untaxed, bootlegged cigarette money. It is undeniable that a nexus exists between the illegal bootlegged cigarette market and criminal enterprises, including terrorist organizations Hamas, Hezbollah, and Isis. https://www.nbcnews.com/id/wbna5160085

NYAWD calls upon the government, law enforcement agencies, and policymakers to recognize the significance of this battle. By cracking down on the marketplace flooded with illegal products, we can safeguard public safety and support the growth of our economy. It is time to put an end to the forces that undermine our society and threaten our way of life.

"As the director of NYAWD, I implore all stakeholders to join us in this fight against criminals and terrorist organizations," stated David M Schwartz, Esq. "Together, we can create a marketplace that upholds legality, fosters economic growth, and ensures the safety of our citizens. Let us unite against the illegal trade that tarnishes our great state and work toward a brighter future for all."

NYAWD invites all concerned citizens, government officials, and the media to join in this crucial cause and help spread awareness about the detrimental consequences of the illegal underground bootlegged cigarette market.

About the New York Association of Wholesalers and Distributors:

The New York Association of Wholesalers and Distributors is a Trade organization representing the interests of wholesalers, distributors and retailers across the State of New York. Dedicated to fostering a thriving legal marketplace, NYAWD advocates for fair competition, economic growth, and public safety.

More info: https://nyupinsmoke.org/

Media Contact
Company Name: Goldman McCormick PR, INC
Contact Person: Mark Goldman
Email: Send Email
Phone: 5166390988
City: New York
State: New York
Country: United States
Website: goldmanmccormick.com



Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.