Sunday, November 22, 2015
Defunding ISIS with the help of Kroll
The Islamic State raises millions of dollars a week from "taxation" and outright extortion of businesses and local government and civilian workers, according to Howard Shatz, a senior economist at the Rand Corp.
U.S. officials are seeking to track down the financial footprints of the terrorist group. Coalition forces will step up military strikes to turn back territorial gains by ISIS.
"It's a matter of developing the names of the individuals who control these accounts and working your way back through
there," Kroll Associates Chairman Dan Karson told CNBC. "Once you have the control of the account and the cooperation of the exchange, or the control of the network, then you can work your way back and find out who these people are who are contributing to the network itself."
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