Live
- Over 7,600 Syrians return from Turkiye in five days after Assad's downfall: minister
- Delhi BJP leaders stay overnight in 1,194 slum clusters
- Keerthy Suresh and Anthony Thattil Tie the Knot in a Christian Ceremony
- AAP, BJP making false promises to slum dwellers for votes: Delhi Congress
- 'Vere Level Office' Review: A Refreshing Take on Corporate Life with Humor and Heart
- Libya's oil company declares force majeure at key refinery following clashes
- Illegal Rohingyas: BJP seeks Assembly session to implement NRC in Delhi
- Philippines orders full evacuation amid possible volcanic re-eruption
- Government Prioritizes Welfare of the Poor, says Dola Sri Bala Veeranjaneyaswamy
- Two Russian oil tankers with 29 on board damaged due to bad weather
Terrorists turn smart investors
Terrorist organisations are increasingly investing in stock exchanges across the world to raise funds for their operations, a British study has revealed. Conducted by the Sakinah Campaign in Britain, which campaigns against online radicalisation, the study found that such investments were mainly made in countries where there was a lack of financial controls and supervision, Arab News reported on Thursday.
Extremists reap benefits from e-com
Riyadh: Terrorist organisations are increasingly investing in stock exchanges across the world to raise funds for their operations, a British study has revealed. Conducted by the Sakinah Campaign in Britain, which campaigns against online radicalisation, the study found that such investments were mainly made in countries where there was a lack of financial controls and supervision, Arab News reported on Thursday.
These organisations use bogus names while making investments and they are involved in clothes and textile trading in certain countries, the study said. This showed a clear shift in strategy after reliance on drug-trafficking and seeking ransoms from European and American countries for kidnapped hostages, Sakinah Campaign officials said in a statement.
These organisations have turned to e-commerce after the crackdown by governments across the world on individuals and organisations raising funds for these groups, it added. Their activities are difficult to detect as they can operate from remote locations.
Traders, having a high degree of technical and financial knowledge, are operating in stock exchanges for extremist groups, it said. The study said the terrorist organizations have also started forging money transfers, checks and bank transfers. They use sophisticated hacking software to rob bank accounts. One terrorist group robbed a bank in a European country recently using very advanced computers, laser printers and scanners, the study found. The study stressed that there is close cooperation between organized crime and terrorist operators, to buy forged travel documents.
