
Billion Dollar Babies: The Big Business of Eel Trafficking
The European eel breeds only once, somewhere in the Sargasso Sea near the Bermuda Triangle, then drifts up to 5,000 kilometers to Europe as a translucent glass eel. Because no one has managed to farm eels commercially, every one eaten anywhere in the world was pulled from the wild, and that scarcity has built a multi-billion-dollar smuggling trade with profit margins DW compares to cocaine trafficking. This investigation follows fishing grounds in Europe through Paris to Hong Kong and mainland China, tracing how glass eels get laundered through legal-looking shipments and triad-linked networks before landing on dinner tables. It goes further still, examining claims that eel smuggling money reached into the circumstances around the assassination of Haiti's president. Investigators, insiders and fishermen speak on camera, and the cinematography moves between muddy European estuaries and the ports and back rooms where the animals disappear into a black market. What starts as a niche fisheries story becomes an account of one of the world's most heavily trafficked animals and the criminal infrastructure profiting from its near-extinction.