Current Edition About Subscribe The Jerusalem Center

Daily Alert Archive

Every Daily Alert Since 2002

Search

Search more than 90,000 news items by topic, author, or source.
Use " " to search for multiple words and phrases.

Trending Topics

July 8, 2014       Share:    

Source: http://thehill.com/blogs/pundits-blog/211298-declaring-an-islamic-state-running-a-criminal-enterprise

Declaring an Islamic State, Running a Criminal Enterprise

(The Hill) Matthew Levitt - When the Islamic State of Iraq and al-Sham (ISIS) stormed into Iraq and captured Mosul the group not only walked away with a tremendous amount of abandoned military hardware, but also raided the city's central bank and took off with some $425 million. ISIS, which has renamed itself the Islamic State and unilaterally declared the reestablishment of an Islamic caliphate, has been financially self-sufficient for at least eight years, according to U.S. government estimates. This success was the result of its successful criminal enterprises, including mafia-inspired tactics like extortion, kidnapping, smuggling and racketeering.

View the full edition of Daily Alert

Back to Archive

Subscribe to Daily Alert: