In Venezuela, Some Crime No Longer Pays

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In Venezuela, Some Crime No Longer Pays
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There are fewer dollars around. Bullets are too costly, as are parts for the getaway car. How's a Venezuelan gangster to survive these days?

CARACAS, Venezuela—From his hilltop slum overlooking this decaying capital, Luis Martínez lamented that his once-lucrative armed robbery and kidnapping-for-ransom business is way down.

Bullets are too costly, as are parts for his getaway car. Few victims carry U.S. dollars these days; the local bolivar is nearly worthless. There’s simply less money around to steal.

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