Posts Tagged ‘Hamas’

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Money Jihad blog benefits from celebrity tweets

August 16, 2014

We were quite surprised when comedian and actress Roseanne Barr recently tweeted out a link to a Money Jihad blog post from last year about Hamas’s involvement in organ trafficking to her quarter-million followers on Twitter:

Tweet by Roseanne Barr to Money Jihad post

But the 17 retweets and 10 favorites to Roseanne’s tweet didn’t drive quite as much traffic as the 55 retweets and 127 favorites for a droll tweet earlier this month by television actor David Boreanaz to his 600,000 Twitter fans:  “Number 4: http://moneyjihad.wordpress.com/2011/08/29/the-worlds-5-richest-terrorist-groups/,” corresponding to Hamas’s place among the world’s five richest terrorist groups as ranked by Money Jihad:

Angel from Buffy tweets link to Money Jihad post

But oftentimes the Hollywood tweeps can’t compete with subject matter experts with large followings on Twitter. Canadian commentator Tarek Fatah, author of The Jew is Not My Enemy and several other books, routinely attracts multiple retweets, as he did with this 2013 tweet about Money Jihad’s profile of one of Jamaat-e-Islami’s Saudi financiers:

One of Tarek Fatah's links to Money Jihad

That level of influence is tough to match on our own. But with over 4,500 followers on Twitter, @moneyjihad chirps out some popular tweets linking back to the blog, like this one in May about the Canadian Islamic charity IRFAN’s financing of Hamas:

Money Jihad Twitter referral

Twitter, in addition to being a very fun way of gathering news and engaging with people about terrorist financing, has been a very effective method of drawing attention to the blog.

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How Hamas skirts sanctions to fund terror ops

August 8, 2014

Since Western banks won’t work with Hamas, the terrorist organization has developed several methods of accessing cash: trade-based money laundering by getting foreign suppliers to under-invoice them for imports, bulk cash smuggling from Jordan, taking advantage of diplomatic pouch immunity to launder money through consulates, manufacturing counterfeit medicine, and crooked real estate deals.

Excerpts from a recent Worldcrunch article follow:

Financing Hamas: How Cash Gets In The Wrong Hands In Gaza

Tomer Ganon (2014-07-28)

…Smuggling of money by traders is a relatively simple example for the tactics the Hamas leadership has developed to funnel money to the organization in Gaza, the West Bank and inside Israel, as Israeli banks have refused to allow money transactions to and from Gaza fearing it will be used for funding terrorism.

These tactics have become increasingly sophisticated since 2010, a recent report from the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA) found…

Another method for financing terror that IMPA had identified in past years is international commerce. According to one of its studies, terrorist elements have been using various business owners and traders for illicit fund transfers to Gaza.

This tactic, uncovered in 2008, has led to the indictment of two Israeli firms that traded foodstuff and customs representation. This is how it worked: Hamas leadership buys different goods, mostly basic food items, abroad for very low prices or even for free. It then employs straw men to contract a private company to import the goods to Israeli ports and then transfer them to the Palestinian territories. A local distributor, who is in fact a Hamas operative, receives the shipment and later sells the goods. The high revenues, thanks to the large profit margins, then go to terrorists’ coffers.

An additional pattern the IMPA study discovered was the use of accounts owned by diplomatic missions. Financial statements of an unidentified embassy, received by the agency, revealed a large number of transfers from its account to various elements in the Palestinian Authority, including those in Gaza.

An analysis has shown that one beneficiary was an entity suspected in facilitating money transfers to Hamas. IMPA believes the embassy’s transactions were made innocently, in what looked to be legitimate payments, without it being aware it could be aiding terror.

These tactics were identified by IMPA in the course of a review of financial transactions reporting as required by standing regulations. However, authorities are also looking elsewhere, including an emerging source of funding for terrorism in criminal activity, such as drug trade and the manufacture of counterfeit pharmaceuticals — activities that obviously go unreported, and whose extent is unknown.

According to sources in the enforcement authorities, it’s a simple equation. Drugs and fake medicine sold in Israel are often distributed by elements related to terrorist organizations such as Hamas and the Islamic Jihad

The article doesn’t touch on state sponsorship and weapons supplied to Hamas by Iran and Qatar, which is of course the bigger factor behind Hamas’s operations.  But for spare change the above tactics work quite well for Gaza’s terrorists.

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Mad money news: recommended reading

August 7, 2014
  • Boko Haram schools are funded by Saudi charities… more>>
  • What could Hamas have bought and built for its own people for the same price as its smuggling tunnels?  Infographic>>
  • Fethullah Gulen and his Turkish operatives have quietly begun donating tens of thousands of dollars to elected officials in the U.S…. more>>
  • Terrorists are planning major cyber attacks according to the Department of Justice and the 9/11 Commission. Targets:  the economy and power grid… more>>
  • Companies should think twice before making a donation to a “charity” tied to a public official… more>>
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Nunn’s validation of Islamic Relief USA reveals system-wide failure

July 30, 2014

While she ran the Points of Light Foundation, U.S. Senate candidate Michelle Nunn (D-Ga.), authorized MissionFish, a Points of Light donation processor, to pass contributions from eBay customers to charities of their choice, including Islamic Relief USA (IR-USA). The Nunn campaign refers to this authorization as “validation;” in other words, Points of Light had researched the charity and validated it for inclusion on MissionFish’s list of eligible charities.

The Nunn campaign argues that $33,000 donated by eBay shoppers passed through Points of Light to IR-USA does not constitute a donation by Points of Light to IR-USA. That is disingenuous because what actually happened is that Points of Light received these ear-marked donations and then cut a check themselves to IR-USA. Points of Light benefits from the transaction because it increases the appearance of their overall charitable volume. The eBay customers would not have been able to donate funds to IR-USA while completing their purchases online if MissionFish had excluded the organization on their menu of options.

IR-USA donates millions of dollars each year to Islamic Relief Worldwide, a UK-based organization that has been banned by Israel for aiding Hamas, and whose leadership is linked to the Muslim Brotherhood. A Department of Justice official has implicated IR-USA for being a conduit for the flow of money from America to terrorist groups abroad. Russian intelligence indicates that IR-USA funds militants in the North Caucasus—the region where the family of the Boston marathon bombers originate. Nunn and Points of Light could have discovered several of the red flags about IR-USA, many of which had already cropped up before validation occurred, by conducting due diligence research or even a basic Internet search.

Unfortunately, Points of Light isn’t the first organization to legitimize IR-USA. IR-USA work has been acknowledged by Hillary Clinton’s State Department, the Obamas, the U.S. Department of Agriculture, and it maintains 501(c)(3) status with the IRS.

These politicians and agencies have been willing to overlook questionable practices by IR-USA because of their eagerness to demonstrate cooperation with Muslim Americans and Islamic charitable sector. The embrace of IR-USA was exacerbated by IR-USA’s fraudulent representation of itself as a larger charity than it actually was by hyper-inflating the valuation of their deworming drug stockpiles. Although the value of deworming drugs may sound like a technical, minor point, it is not. IR-USA basically perpetrated a fraud for several years by overstating the value of the drugs which made up 75 percent of their assets. Bigger institutions like USDA and Points of Light are likelier to partner with bigger charities, which IR-USA seemed to be. If IR-USA had reported a truthful value of its donations and assets, it may not have been viewed as a big enough charity to attract institutional partners like these.

A major charitable bundler like Points of Light had the resources to discover the disturbing truths about IR-USA’s connections to Hamas and its fraudulent financial statements prior to validation. It’s time that federal agencies and institutional donors started paying less attention to warm-and-fuzzy statements by politicians about what a great partner a certain charity is, and pay more attention to the results of basic due diligence research. Until then, and until there are changes at the highest levels of the IRS and the Department of Justice, and a willingness to confront IR-USA for its history of misrepresentations, we will probably see decisions like Nunn’s repeated again.

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News roundup: recommended reading

July 24, 2014
  • Congressman appearing on Al Jazeera declares “The owners of this TV network help fund Hamas,” and the interviewer doesn’t dispute him… more>>
  • World Net Daily interviews Money Jihad blogger A.D. Kendall on the funding of al-Shabaab and other jihadist groups in Africa… more>>
  • ISIS is looting antiquities, liquidating the history of mankind, and funding its own operations from the profits… more>>
  • The Washington Post declares, “U.S. should aid those who fight terror, not abet human rights abuses.” Are you listening, Saudi Arabia?  More>>
  • You find what you think is a great new international partner for your growing business. Before signing that contract with a foreign firm, hire a professional investigator with a physical presence in that country to conduct due diligencemore>>

 

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Islamic Relief Worldwide programs staffed by Hamas

July 18, 2014

Islamic Relief Worldwide (IRW) activities in the Palestinian territories are run by Hamas operatives, according to Israeli officials.

The way it works is that IRW, a British-based charity, raises substantial funds from institutional donors, government funding, and zakat from individual Muslim donors. IRW also receives money from its affiliates around the world, including millions of dollars in gifts from Islamic Relief USA (IR-USA).

IRW then sends money to field offices and partnering organizations in the Palestinian territories. Israel’s Shin Bet security service says that several of the offices and projects that are carried out with IRW funding are being conducted by Hamas personnel.

IR-USA, a charity publicly cited by Obama appointees as a valued and trusted aid group, is privately tagged by Justice Department sources as the successor to the Holy Land Foundation, which was shuttered during the Bush administration for funding Hamas. The Clarion Project (h/t to Rushette) notes that IR-USA receives support from bigtime donors and enjoys close ties to the Obama administration.

Israel should share what information it can with the UK in order for the British to 1) strip IRW of its charity status and, 2) shut down IRW. There is no time to waste with the useless UK Charity Commission. This case should be dealt with at higher levels.

Canada Revenue Agency, which has been extremely successful in taking prompt action to remove the tax-exempt status from terror financing charities, should also review Islamic Relief Canada’s projects.

The U.S. should follow suit, and should strip IR-USA of its tax-exempt status, since IR-USA money is ultimately going toward Hamas projects, and not toward the charitable purposes for which 501(c)(3) status is intended.

Any banks providing services to IRW and IR-USA should take note of these developments, and minimize their own risks and exposure to terrorist financing by closing their accounts (as UBS already did in 2012) with these “charities.”

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10 companies that make money from terror ties

July 15, 2014

Longtime Money Jihad readers already know that sharia banks are conduits for funding jihadist groups, but may not be aware of some of the other corporations and businesses that are in financial cahoots with terrorists.

  1. Tajco Ltd.—A Lebanese-based company that uses supermarkets to launder South American drug money through grocery stores in Gambia back to Lebanon for dispersal to Hezbollah. According to former Treasury official Stuart Levey, Tajco and its subsidiaries constitute a “multinational network [that] generates millions of dollars in funding and secures strategic geographical strongholds for Hizballah.”
  2. Dahabshiil—A money services business (technically a remittance company, not a bank) that pays a $500K stipend twice a year to al-Shabaab. Somali journalists and musicians have alleged that the payments aren’t just for “protection,” (ie, the freedom to operate in Somalia without being bombed) but that Dahabshiil shares tribal links and policy goals with the terrorist group.
  3. Al-Aqsa TV—The U.S. describes the media outlet as “a television station in Gaza financed and controlled by Hamas.” Hamas raised the initial capital to create Al-Aqsa TV, negotiated for a satellite provider, and allocates money for its budget. Its programming seeks to prepare children to join and fight for Hamas as they age.
  4. Crescent Foods—the “caterers of the Muslim Brotherhood.” Crescent Foods is routinely selected to provide food at conferences and functions held by a variety of North American Muslim Brotherhood front groups and affiliates including the radical American Muslims for Palestine and organizational co-conspirators of the Holy Land Foundation, a defunct Hamas front charity. Crescent Foods also markets halal foods to the constituencies of these Islamist groups.
  5. Sniper Africa—A South African hunting gear company which is majority owned by a dentist who raised $120,000 for Al Qaeda. OFAC has listed Sniper Africa under its specially designated global terrorist category.
  6. Zurmat Group—A company operating in Afghanistan that sells components that wind up in roadside bombs against our troops. Additionally, the Army Times found that “approximately $1-2 million per month — flow to [the Haqqani network] to finance its activities” from Zurmat Group profits. CENTCOM describes the company as actively supporting the insurgency.
  7. Darkazanli Export-Import Sonderposten—Owned and operated by Imam Mamoun Darkazanli, a longtime Al-Qaeda financier and manager. Darkazanli supports al Qaeda from Hamburg, Germany, and behaved as a type of godfather figure to the Muhammad Atta cell as it prepared for the 9/11 attacks. Darkazanli’s company has provided “cover, business collaboration and communications” for Al Qaeda figures visiting Germany.
  8. The Bank of China—The Chinese bank funded Hamas and Islamic Jihad when it “carried out dozens of wire transfers for the two terror organizations, totaling several million dollars,” from 2003 to 2007 according to a lawsuit by victims of terrorist attacks in Israel. The bank knowingly continued making such transfers even after being warned against it by the Israeli government in 2005.
  9. Jihad al-Bina—Hezbollah’s construction company in Lebanon. Its relationship with Hezbollah apparently transformed it from a $1.8 million business in the 1990s into a $450 million operation by 2006. It has been able to cash in on public contracts to rebuild Lebanese infrastructure through international development aid even though the firm is basically controlled by Hezbollah leaders and Iran.
  10. Al Manar/Lebanese Media Group—This Hezbollah news outlet serves as a “Beacon of Hatred” that runs advertisements encouraging donations to Hezbollah and airs commercials for Hezbollah. The television channel’s programming includes vitriolic anti-Semitic messages and glorification of suicide bombing operations.

In addition to the companies above, there are conventional Western corporations like Chiquita and Echo Bay that have have paid bribes or protection money to rebels or terrorists to prevent their employees and facilities from being attacked, and banks such as HSBC that have dropped the ball on anti-money laundering, sanctions compliance, and counter-terror finance programs. This is totally unacceptable behavior which ultimately helps finance terrorism and increases the odds that more corporations will be exploited by terrorists. At the same time, it should be recognized that these abysmal compliance programs resulted from a combination of mismanagement, lousy judgments, and long-term business motives, but not because of ideological alignment with the terrorists themselves.

A final note: there was an extremely popular article within the past year circulating the Internet about corporations making money off of the global war against terrorism (which itself was only the latest in a decade-long stream of Internet tirades and social media screeds against “war profiteering” in Afghanistan and Iraq). It should just be remembered that for every company allegedly making ungodly profits from providing basic security services that there are companies like those above that are actually funding or making money directly from terrorism. So when you run across articles like that, ask yourself a question: which seems worse to you—a greedy corporation that fights terrorism, or a greedy corporation that funds terrorism?

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Who finances Hamas’s rockets?

July 14, 2014

Short answer: Iran.

Iran manufactures missiles, loads them up at its Bandar Abbas port, ships them to Sudan, where they are transported by ground to the Sinai for final transfer through smuggling tunnels to Hamas and Palestinian Islamic Jihad in Gaza.

Smuggling was rampant particularly when the Muslim Brotherhood controlled Egypt under Muhammad Morsi, making a significant contribution to Hamas’s 10,000 missile stockpile. “Under Morsi it was almost a highway,” said one observer.

Shorter-range missiles are built in Gaza itself. Technical expertise lent by Iran is helping develop Hamas’s homegrown rocket program, although even as recently as two years ago one analyst observed that Hamas lacks the capacity within Gaza to build a banana plantation, much less a missile factory.

Some missiles, such as the M-302, are manufactured by Syria “under license” from China, which designed it. Assad would not be able to produce these weapons or remain in power without Iranian backing in the first place.

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Terror finance & AML news: suggested reading

June 13, 2014
  • The Washington Post cites the “well versed” Money Jihad blog and its analysis of the world’s richest terrorist groups when sizing up ISIS’s new found wealth after its multi-million dollar seizure of the Mosul central bank… more>>
  • Given the Palestinian Authority’s new unity government with Hamas, Israel wants U.S. foreign aid to the Palestinian Authority to cease. Congress is one step ahead… more>>
  • A U.S. court decision leaves the door open to testimony from a key Israeli terror finance witness in the Bank of China case… more>>
  • Hers was a love for laundering drug money from Florida to Mexico, yet a judge saw fit to dismiss her indictment after she pleaded guilty to a misdemeanor. Some deterrent… more>>
  • Saudi Arabia is imposing financial sanctions against Hezbollah, its supporters, and its front businesses operating in the Kingdom… more>>

 

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Hamas terror financier spills beans

June 10, 2014

Although Iran temporarily stopped funding Hamas, one top insider—the chief financial officer of Hamas’s shura council—had no worries. Mohammed Toameh says Hamas has plenty of other sources of money, including:

  • Bogus ‘investment projects’ conducted by the Palestinian Business Forum, a Hamas front
  • Valuable real estate in Saudi Arabia and in Palestinian Authority controlled territory
  • A vast charitable network

Hamas uses the money from these diverse sources, as we know, to buy weapons, pay operatives, launch terrorist attacks, to indoctrinate orphans and students into a culture of hate, to foment riots, and maintain a perpetual state of agitation against Jews.

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News roundup: following the terrorists’ money

May 29, 2014
  • Britain’s Charity Commission has historically been passive about investigating Islamic charities. Now the Commission is participating in an investigation into the Muslim Brotherhood, which critics say constitutes “disproportionate” scrutiny… more>>
  • After stuffing 20,000 euros in her panties and attempting to fly to Syria, a British Muslim student denies that she intended to fund terrorists… more>>
  • Iran will restore funding to Hamas with $200 million per year in exchange for Hamas’s support of Iran’s involvement in Syria… more>>
  • The United Nations is levying sanctions and an arms embargo against Boko Haram, citing its relationship with Al Qaedamore>>
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