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Where have all the pirates gone? Published: July 14, 2014

Three years ago, Isse Yuluh’s pirate gang hijacked a yacht being sailed around the world by a Danish family with three teens. The Danes were eventually freed for a ransom of $3 million, according to The Christian Science Monitor.

Mr. Yuluh went to sea again. This time he returned to his beachfront base in northern Somalia with a Liberian-flagged oil tanker and an Emirati chemicals carrier, and their 48 crew members, in tow. After 10 months of negotiations and a handover of $12 million, all were released.

But despite being one of Somalia’s most feared and wealthiest gang leaders, Yuluh announced in May that he had “renounced piracy” and would tell his “fellow comrades to leave this dirty business, too.”

H/T: Yahoo
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