The expensive business of terrorism – Tracking down the funds of ISIS

June 24, 2014

Terrorism can be a very expensive business, and Loretta Napoleoni has made this her area of expertise. As a journalist and economist, she has studied and interviewed a range of terrorist groups globally, from the Italian “red brigades” to members of Al Arqawi in the Middle East, to understand how they finance their operations.

In this CrimeCast, Napoleoni sheds light on how the business model of terrorist organizations has evolved, and how the legitimate global financial system becomes unwittingly complicit as a channel for terrorist financing. The Italian best selling author and economist also shares her perspective on the Islamic State of Iraq and Syria, a rapidly growing Sunni militant group that is consolidating power throughout Iraq and Syria, and is currently thought to be the richest insurgent group in the world.

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