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Terror Networks
Who's Funding ISIS? Wealthy Gulf 'Angel Investors,'
2014-09-23
It's NBC so the odds of it being true are 50-50, though there's only a 10 percent chance of that.
A small but steady flow of money to ISIS from rich individuals in the Gulf continues, say current and former U.S. officials, with Qataris the biggest suppliers. These rich individuals have long served as 'angel investors,' as one expert put it, for the most violent militants in the region, providing the “seed money” that helped launch ISIS and other jihadi groups.

No one in the U.S. government is putting a number on the current rate of donations, but former U.S. Navy Admiral and NATO Supreme Commander James Stavridis says the cash flow from private donors is significant now and was even more significant in the early fund-raising done by ISIS and al Qaeda’s affiliate in Syria, the al-Nusrah Front.

'These rich Arabs are like what 'angel investors' are to tech start-ups, except they are interested in starting up groups who want to stir up hatred,' said Stavridis, now the dean of the Fletcher School of Diplomacy at Tufts University. 'Groups like al-Nusrah and ISIS are better investments for them. The individuals act as high rollers early, providing seed money. Once the groups are on their feet, they are perfectly capable of raising funds through other means, like kidnapping, oil smuggling, selling women into slavery, etc.'

Stavridis and other current U.S. officials suggest that the biggest share of the individual donations supporting ISIS and the most radical groups comes from Qatar rather than Saudi Arabia, and that the Qatari government has done less to stop the flow than its neighbors in Saudi Arabia and the United Arab Emirates. One U.S. official said the Saudis are 'more in line with U.S. foreign policy' than the Qataris.

Groups like ISIS and al-Nusrah employ fundraisers who meet with wealthy Sunni Arabs. Most of the Arab states have laws prohibiting such fundraising, but U.S. officials say the Qataris do not strictly enforce their laws.
Posted by:Steve White

#5  We aren't done with the Al Ghamdi family, either.
Posted by: Grunter   2014-09-23 17:47  

#4  With 250,000 followers why isn't he a target?
Posted by: 3dc   2014-09-23 17:24  

#3  from LWJ:
Jihadists claim that the man shown in the photo to the right is known as Abu Yusuf al Turki, an Al Nusrah "commander" who trained fighters how to become snipers. Al Turki fought in Afghanistan and Iraq and was supposedly killed in the US airstrikes.

One of the twitter feeds reporting al Turki's death is associated with Sheikh Abdallah Muhammad al Muhaysini, a popular Saudi cleric who is closely tied to Al Nusrah. The feed, which has more than 250,000 followers, provides news on events inside Syria and is also used by the jihadists to raise funds for their efforts.

The feed has posted a series of updates since the bombing campaign began.

Posted by: 3dc   2014-09-23 17:23  

#2  I wonder how many of them would have to get whacked before it put a chill on the donations? Seems to me that'd be a little more cost effective than bombing the boys in the desert.
Posted by: Ebbang Uluque6305   2014-09-23 11:27  

#1  Do you suppose these guys invest in terrorist groups to keep the price of oil up?

Every time one of these terrorist groups sneezes, it is an excuse for the oil speculators to bump the price of oil.
Posted by: Bill Clinton   2014-09-23 10:47