Citing a UN report, Russia’s representative at the UN accused ISIL of using online casinos to generate funds, replacing some of its lost revenues. Russia also indicated that the group moved funds out of its territory and into bank accounts in Europe, the Middle East, and Central Asia.

If true, those funds are now in the formal financial sector, making it much easier for the group to move them anywhere in the world in support of their organization and/or operations.

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ISIL, Terrorist Financing


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