(The Hill) Matthew Levitt - ISIS is primarily financed through a wide array of criminal activities. ISIS steals livestock; sells foreign fighter passports; taxes minorities, farmers and truckers; runs a sophisticated extortion racket; kidnaps civilians for ransom payments; and loots antiquities. It also makes about $40 million a month from illicit oil sales. The writer is director of the Stein Program on Counterterrorism and Intelligence at the Washington Institute for Near East Policy.
2015-11-19 00:00:00Full ArticleBACK Visit the Daily Alert Archive