Posts Tagged ‘economic warfare’

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Money Jihad’s recommended reading

February 27, 2014
  • Despite budgetary hard times, the Palestinian Authority is able to cough up $46 million to terrorist ex-convicts—from your tax payments… more>>
  • Is a financial-cyber war against America already underway?  More>>
  • Sharia law dictates that gambling is haram (unclean), and Sheldon Adelson is Jewish and pro-Israel. Perhaps those are two of the reasons why Adelson’s Las Vegas Sands has been the target of a major cyber attack… more>>
  • New legislation in Turkey threatens to prevent meaningful due diligence by bank compliance officers by suppressing negative information on the Internet… more>>
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The money jihad: recommended reading

February 13, 2014
  • A senior Al Qaeda facilitator/financier in Iran is “more active than ever”… more>>
  • Sharia-compliant finance was concocted by the Muslim Brotherhood to undermine the Western financial system and establish the banking backbone of a neo-Caliphate, says the American Center for Democracy… more>>
  • Al Qaeda affiliates have more money than Al Qaeda Central. Time to rethink who’s calling the shots… more>>
  • Sen. Warner says that he knows from the intelligence community that what happened to Target shoppers in its credit card breach “happens daily to financial institutions”… more>>
  • Banks and businessmen should keep an eye on Turkey because it’s still helping Iran evade sanctionsmore>>
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Money jihad news: recommended reading

October 3, 2013
  • Cooking the books to cook up a plot? A KMPG accountant who confessed to funding Al Qaeda is sentenced to 18 years in prison… more>>
  • Granting recognition to the “State of Palestine” is more than symbolic; it allows for smuggling contraband into the Palestinian territories under diplomatic cover… more>>
  • While volunteering in a Jerusalem dental clinic, Dr. Wise was severely wounded by three bombs set by Hamas. She’s suing Iran for damages in the first of what will be many new lawsuits filed by Canadian victims of Iranian-sponsored terrorism… more>>
  • One year after the cyber-attacks against our banks by Izz ad-Din al-Qassam, the time has come for your business to brace itself toomore>>
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Financial mischief: recommended reading

August 28, 2013
  • Yemen admits that, left to their own devices, donors’ zakat will fund terrorismmore>>
  • Financial crime expert Kenneth Rijock affirms the decision by Barclays to stop doing wiring money to Somalia… more>>
  • After Goldman Sachs, GoDaddy, and NASDAQ snafus, maybe it’s time to acknowledge the threat of economic warfaremore>>
  • Will bitcoin be embraced beyond the anarchist fringe? Laundreymen author Jeffrey Robinson has his doubts… more>>
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Pakistan’s covert war on India’s currency

August 14, 2013

Counterfeiting in India isn’t just being perpetrated by small time crooks and gangsters motivated by greed.  It is methodical economic warfare being waged by the government of Pakistan and its spy agency, the ISI.  The Hindu has the details:

Fake currency smuggling: three held

Police say seized fake currency will be sent to Forensic Science Laboratory for examination

The city police found that some ISI agents were smuggling fake currency from Pakistan and Bangladesh into the country. The agents were making efforts to hit the economy of India, said the police.

The Central Zone police arrested Abdul Aleem, a native of Lalagola Town, Musheerabad District of West Bengal and a former journalist Ch. Nandalal Bose in the city recently. Police seized Rs.3 lakh fake currency and Rs.80,000 original cash from them.

IB alert

The arrests were made just a couple of days after the Intelligence Bureau (IB) alerted the police over likely infiltration of suspected terrorists from Bangladesh on trains. The IB also cautioned the police over increasing ISI activities in the country.

During investigation, it was revealed that Aleem was smuggling fake currency using agents from Bangladesh to India in trains.

Middlemen

He had arranged middlemen at different places for circulating the fake notes in the market. Bose, who has financial problems, agreed to exchange the counterfeit currency by taking some amount, said the police.

“The notes seized from the accused were printed in Pakistan or Bangladesh and were smuggled from Malda District (border district of India with Bangladesh). There is a lot of difference between the local fake currency and the ISI counterfeit notes, which almost resembles original currency,” said a police officer investigating the case…

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Feds disclose plot against stock exchange

June 27, 2013

It turns out that busted jihadist Khalid Ouazzani wasn’t just financing Al Qaeda.  He and his associates participated in a previously undisclosed, aborted scheme to bomb the New York Stock Exchange and send shock waves through global financial markets in the process.  This revelation came to light in the course of recent congressional testimony about the results of federal intelligence programs.

Kevin Freeman rightly says this case shows that “Our economy is the real target.  The motive is to destroy our economy. So, if our enemies have the means and opportunity to destroy our market, should we be surprised if they try?”

From The Blotter page of ABC News:

Al Qaeda’s Abandoned NY Stock Exchange Plot Revealed

Top U.S. security officials revealed today that the government’s recently exposed surveillance programs led them to an al Qaeda cell that plotted, scouted, but ultimately abandoned a plan to bomb the Wall Street in 2008.

“We found through electronic surveillance that they were actually in the initial stages of plotting to bomb the New York Stock Exchange,” FBI Assistant Director Sean Joyce told the House Permanent Select Committee on Intelligence.

Joyce was testifying alongside high-level U.S. officials, including National Security Agency head Gen. Keith Alexander, before the House Intelligence Committee to defend the NSA’s practice of collecting vast amounts of telephone and internet usage data – programs revealed last week by former NSA contractor Edward Snowden…

The NYSE plot, which had until today been unknown to the public, was centered around an auto parts dealer in Kansas City, Missouri, named Khalid Ouazzani, who pleaded guilty in 2010 for his role in a conspiracy to provide funding to al-Qaeda. At the time of his plea, the complex case against Ouazzani seemed to have little to do with the famous NYSE headquarters on Wall Street in Lower Manhattan, except for a vague reference in his plea agreement that said, “Over a period of years, [Ouazzani] and others discussed various ways they could support al Qaeda.”

The FBI now says Ouazzani was talking to an extremist in Yemen about a terror plot that would strike at the symbolic heart of America’s capitalist system – an attack on Wall Street.

Read the rest of this entry ?

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Flash crash and the Obama hoax

May 14, 2013

When a fake news bulletin was distributed after the Associated Press’s Twitter feed was hacked on April 23, the stock market instantly dropped a full 1 percent. 

On his Global Economic Warfare website, Kevin Freeman tackles the implications of the fake tweet on the market, and how market manipulation can be used as a financial warfare tactic.  Read his important posts here and here.  An excerpt follows:

A Single, Man-Made Stock Market Crash is a New-Concept Weapon

Bogus tweet claims president hurt

When the two PLA Colonels wrote Unrestricted Warfare in 1999, they listed “a single man-made stock market crash” as one of three specific new-concept weapons for the 21st Century. They called it financial warfare.

We have been warning about market manipulation for several years, first in our report for the Department of Defense and then in the New York Times Best-Seller, Secret Weapon. Yet, most in the intelligence and defense community know little about the financial markets. And, those who understand the markets generally know little about defense. Unfortunately, our enemies have studied both.

This week, we saw a hacked Twitter account used as a weapon resulting in a mini flash crash for stocks. Even as the market recovered in minutes, estimates are that there was something like $150 or $200 billion lost even if only briefly. We mentioned this in an earlier post.

While any human could clearly see that the White House was not bombed as the hacked tweets claimed, computer algorithms that monitor social media sites could not tell the difference. As a result, massive sell programs began and other high-frequency algorithms picked up on it.

The Syrian Electronic Army claims that they were the source of the false tweet…

Mr. Freeman also included this graphic which showed the plunge in trading.  The person or entity responsible for the planned Twitter forgery could have anticipated the miniature flash crash and hedged against it in order to profit from the hack:

Market nose dive from Twitter hoax