Wednesday, February 25, 2015

ISIS money

"ISIS makes between $1 million and $2 million each day from oil sales," according to a report from CNN. 

When they took over areas of Syria and northern Iraq (6 million people), they also took over oil refineries and wells. Another source of their income is to kidnap individuals and hold them for ransom, which both Sweden and France may have paid. Kidnap victims from Japan and the U.S., whose governments did not pay ransom, were slaughtered.

Other income is generated by looting, stealing, and "taxes" aka extortion.  And "In June 2014 the group raided several banks in Mosul and stole an estimated $500 million . . "

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