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Business is booming for Somali pirates

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  • Description

    Attackers rake in hundreds of millions in ransoms

  • Duration 0:44
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Piracy is a dangerous job and apparently pays money well reports indicate Somali pirates working off the East Coast of Africa took in an estimated.

160 million dollars in ransoms last year alone -- 160 million bucks.

And one study predicts that number will more than double by just 2050.

There have been efforts to stop the attacks with the pirates are not backing down far from some -- even started hacking off the limbs of their hostages if pavement doesn't come quickly enough.

According to the international maritime organization there were 544.

Attacks last year worldwide that's an all time high.

Experts say the average ransom payment was more than five million dollars for hostage.

FaceBook could soon --

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