‘Very Much Like the Mafia’: Where Does ISIS Get Its Money?
Where is ISIS getting all of its money?
The tremendously well-funded terror group’s income is very difficult to quantify, according to Columbia University assistant professor Austin Long.
Long explained that their income comes from extortion and protection rackets, smuggling, control of natural resources, and ransom.
ISIS is also able to sell oil at knocked down costs because the group didn’t pay for the infrastructure to set up the oil fields.
“It’s very much like the mafia in terms of diversified income,” he said.
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