The problem with the "follow the money" approach to stopping piracy is simple. In Somalia the money flows to too many people and not to just a few big men like in a classical crime organizations. They form investor pools for God’s sack and sell shares like in a corporation to all comers, sometimes just for each individual pirate ship, crew, and cruse, it is like buying a lottery ticket only except with a better chance of a payoff. It works usually on a shared percentage basses for investors, brokers, and pirate crew and they are not very secrete in going about it.
The only way to attack the money trail is to make it illegal to pay the ransoms and the only way to enforce that ban, the one on paying ransoms, would be to no longer allow any of the ships owned by the people who have paid the ransoms, to then dock any of their ships at any friendly ports. Not very likely is it?
The only way to attack the money trail is to make it illegal to pay the ransoms and the only way to enforce that ban, the one on paying ransoms, would be to no longer allow any of the ships owned by the people who have paid the ransoms, to then dock any of their ships at any friendly ports. Not very likely is it?