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Terror Networks
ISIS' financing is "vulnerable"
2015-02-28
[CBSNEWS] A global agency fighting terrorist financing said Friday that the Islamic State
...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allah around with every other sentence, but to hear the pols talk they're not really Moslems....
of Iraq and Syria (ISIS) was financially vulnerable as oil prices have fallen and their ability to extort resources in their territory across the two nations is peaking.

The Gay Paree-based Financial Action Task Force (FATF), in a report released Friday, urged governments to do more to starve the group of funds.

The report said most of ISIS' money comes from looting banks and farms, selling oil, kidnapping for ransom, remittances from abroad, and donations -- making it a more diverse money-getter than most other terror organizations, according to FAFT.

"A number of traditional countermeasures used to deprive terrorist organizations of its funds are not applicable with respect to the new model adopted by ISIL," said the report, using an alternate acronym for ISIS. "However,
it's easy to be generous with someone else's money...
like any terrorist organization, ISIL's financial, logistical and supply networks are vulnerable."

As CBS News senior national security analyst Juan Zarate said in August last year, ISIS has in some ways developed a "hybrid form of funding" that is both global and local. There's no clear answer as to how much money ISIS has, but reports at the time said the group was bringing in more than $1 million a day.
Posted by:Fred

#1  The ISIS/ISL needs to conquer more territory, extort + kidnap more people, etc. in order to "break even".

Plus collude wid more "Radical Leftists" ala their desired future attack on Roma, Italy + ultimately Europe.

Sounds about right for [SSSHHH ...CCCC THEO-] SOCIALISTS-GOVTISTS.
Posted by: JosephMendiola   2015-02-28 00:31  

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