Terrorist Funding

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This is a class presentation on the various sources of funding used for terrorist activities by international terrorist organizations.

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  • Impressive presentation on ’Terrorist Funding'. You’ve shown your credibility on presentation with this slideshow. This one deserves thumbs up. I’m John, owner of www.freeringtones.ws/ . Hope to see more quality slides from you.

    Best wishes.
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  • Outstanding demonstration. Really clear along with useful
    Anisa
    http://financejedi.com http://healthjedi.com
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  • Terrorist Funding

    1. 1. The business of terror
    2. 2. <ul><li>How do we differentiate between terrorist and criminal activity? </li></ul><ul><li>Convergence of crime and business </li></ul><ul><li>Continuing business enterprises </li></ul>
    3. 3. Terrorism ,a sub-species of crime? <ul><li>Why do terrorists require money? </li></ul><ul><li>Crime as a force in globalization </li></ul><ul><li>Or </li></ul><ul><li>Globalization as a force in crime </li></ul>
    4. 4. A working definition <ul><li> “ Terrorism is actual or threatened violence intended to indirectly coerce a primary target(typically a government or a people) to accept a demanded outcome through the fomenting of intense fear or anxiety” </li></ul>
    5. 5. Features of a terror organization <ul><li>Pan- nation activity sphere </li></ul><ul><li>Not receive or require nation sponsorship </li></ul><ul><li>Self financed </li></ul><ul><li>Highly goal oriented ,tech savvy </li></ul><ul><li>Infiltration of banking channels </li></ul><ul><li>No fastidiousness regd activity </li></ul>
    6. 6. How are terrorist organizations funded? <ul><li>State funding </li></ul><ul><li>Business funding </li></ul><ul><li>Banking channels </li></ul><ul><li>Drug trade </li></ul><ul><li>Arms trade </li></ul><ul><li>Diamond trade </li></ul><ul><li>Criminal activity –kidnapping,looting,protection money,smuggling </li></ul>
    7. 7. <ul><li>Charity and donation </li></ul>
    8. 8. <ul><li>Legitimate and illegitimate business </li></ul>
    9. 9. Money laundering <ul><li>Need to change the form of money </li></ul><ul><li>Need to conceal the origin and ownership of the money </li></ul><ul><li>Need to control the money </li></ul>
    10. 10. Stages of money laundering <ul><li>Placement </li></ul><ul><li>Layering </li></ul><ul><li>Integration </li></ul>
    11. 11. How is money laundered? <ul><li>Money transferred </li></ul><ul><li>Shell corporation created </li></ul><ul><li>Funds deposited in name of dummy corp. </li></ul><ul><li>Money transferred to international clean bank </li></ul><ul><li>Corp borrows money for use </li></ul>
    12. 12. <ul><li>46% of all money laundered in USA </li></ul><ul><li>18% -destination USA </li></ul><ul><li>Daily $1000 bn exchanged in currency mkt of London </li></ul>
    13. 13. Shadow economy <ul><li>Germany-16.9% of GDP </li></ul><ul><li>France-10.9% of GDP </li></ul><ul><li>Italy-18.2% </li></ul><ul><li>U.K.-10.6% </li></ul>
    14. 14. <ul><li>USA worlds biggest market for drugs- $100 billion annually </li></ul><ul><li>80% of all the drugs are foreign in origin </li></ul><ul><li>Thus $ 80 bn is sought to be laundered in USA annually </li></ul>
    15. 15. Methods <ul><li>Starburst </li></ul><ul><li>Boomerang </li></ul><ul><li>Shell companies </li></ul><ul><li>Casinos </li></ul><ul><li>Trade </li></ul><ul><li>Charity money </li></ul><ul><li>Internet </li></ul>
    16. 16. Al Qaeda <ul><li>Wealth over $5 billion </li></ul><ul><li>Annual budget between$20-50 million </li></ul><ul><li>Origins of the money </li></ul><ul><li>1)drugs 30-35% </li></ul><ul><li>2)Donations20-30% </li></ul><ul><li>3)classic criminal activity-10-15% </li></ul><ul><li>4)unknown 30-35% </li></ul>
    17. 17. <ul><li>US dollars </li></ul><ul><li>Narcotics as currency </li></ul>
    18. 18. OFCs <ul><li>Business discretion </li></ul><ul><li>Weak money laundering laws </li></ul><ul><li>Communications </li></ul><ul><li>US dollar </li></ul><ul><li>Independent Govt </li></ul><ul><li>international banks have offices </li></ul><ul><li>Businesses can be formed readily </li></ul>

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