Business Services Industry

Mexican Kidnappings Of Businesspeople Increasing: Armor Holdings.

Internet Securities, November, 2001

MEXICO CITY, Nov 15, 2001

Increasing crime in Mexico is leading businesspeople to step up private security. According to information received from its Mexican business clients, the crime rate in Mexico, particularly in kidnappings, has increased drastically over the past five months, said Armor Holdings President Jonathan M. Spiller. Mexican kidnappers tend to concentrate on businesspeople, said Spiller, because their families are more able and willing to pay high ransoms, said Spiller. Armor Holdings, described by Fortune magazine as one of the companies with greatest growth between 1999 and 2000, offers public and private security products and services, including police equipment, corporate intelligence, risk evaluation, electronic security and network...

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