Tunnel scam targets dirt-poor Palestinians

Tunnel scam targets dirt-poor Palestinians

GAZA CITY (CNN) -- Poverty-stricken Gaza where even the most basic goods are in short supply has spawned its very own financial scandal --- centered around the tunnels that run under the border with Egypt to circumvent the Israeli blockade.

Palestinians desperate to pull themselves out of poverty were encouraged to invest in the smuggling tunnels constantly being built in the border town of Rafah.

There is big money to be made from operating a tunnel -- they are the main economic lifeline for Gaza -- but some of those who collected money for construction disappeared without building any tunnels. Estimates of how much was lost vary widely from $100 to $500 million.

Read the whole story on CNN or try our Toolbar
Bookmark and Share
blog comments powered by Disqus

Related stories:

More stories ...

Related videos from YouTube:

More videos ...

Google Search: