Publication:
Terrorism Financing Methods: An Overview / Perspectives on Terrorism / Vol. 7, Issue 4

Loading...
Thumbnail Image
Authors
Freeman, Michael
Ruehsen, Moyara
Subjects
Advisors
Date of Issue
2013-08
Date
August 2013
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
How do terrorists move money? !is article examines six of the most widely used methods: cash couriers, informal transfer systems (e.g. hawala), money service businesses, formal banking, false trade invoicing, and high value commodities. When terrorists move money, they choose methods that take into account issues of: volume, risk, convenience, simplicity, costs, and speed. !is article analyzes the methods according to these issues. It draws on multiple cases and examples, including the most recent cases of Hezbollah’s and al Shabaab’s use of money service businesses, and many others.
Type
Journal
Description
!e views expressed are those of the author and do not re#ect the o$cial policy or position of the Department of Defense or the U.S. Government.
Series/Report No
Department
Other Units
Center for Terrorism and Security Studies
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Perspectives on Terrorism, August 2013, v. 7. No. 4
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
Collections