The Limited Times

Now you can see non-English news...

"Red Flags": Terrorist Organizations Disguised as Humanitarian Aid NGOs | Israel Hayom

2023-05-17T10:19:10.272Z

Highlights: The Israel Money Laundering and Terror Financing Prohibition Authority published a list of warnings Wednesday. The document includes a series of cases in which NGOs were used to finance terrorism. The main methods of activity identified by the Authority for exploitation or use of non-profit organizations for financing terrorism are: channeling funds, raising funds, assisting and encouraging the recruitment of terrorist operatives or support for terrorist organizations. The Red Flags Guide enables financial institutions in the private sector to focus on and identify the signs of exploitation attempts to assist terrorist activities.


The Israel Money Laundering and Terror Financing Prohibition Authority provides a rare glimpse into terrorist organizations' methods of exploiting non-profit organizations • After accumulating intelligence information and exposing economic investigations in Israel and around the world, it published a list of warnings in order to help the financial sector identify cases • Among other things: an organization posing as a charity for refugees from Syria and a credit card company that identified irregular money transfers with a customer


The Israel Money Laundering and Terror Financing Prohibition Authority in the Ministry of Justice published a review Wednesday morning dealing with the exploitation of the financial system to finance terrorism through associations and non-profit organizations that work to promote and realize non-business goals in the fields of society, education, religion and humanitarian aid.

Common examples of non-profit organizations are non-profit organizations, charities and charities, etc. In light of the various activities of terrorist organizations in the fields of religion and charity, NPOs have been a target over the years for exploitation, deception and sometimes even knowingly use by terrorist organizations around the world – and also in the territory of the State of Israel. The Israel Money Laundering and Terror Financing Prohibition Authority conducted a comprehensive and in-depth study aimed at mapping all risks, methods of operation and intelligence information, in order to develop and publish guidelines to the general public and financial institutions on how to avoid and prevent terrorist organizations from exploiting this method of operation to finance their efforts.

Methods of operation and intelligence information. A rocket is fired from Gaza towards Israeli territory, photo: AFP

The document includes a series of cases in which NGOs were used to finance terrorism, including: using an NGO account to provide humanitarian aid to refugees from Syria (defined in Israel as an enemy country) to receive donations from private entities frequently and in large amounts. On the other hand, many funds were transferred abroad every month without the ability to trace their final destination, including transfers to beneficiaries identified as charitable organizations and associations abroad. In addition, a credit card company that identified dozens of international transactions of a customer who transferred funds to an NGO abroad with a similar name to the organization declared by the Israeli Ministry of Defense.

The main methods of activity identified by the Authority for exploitation or use of non-profit organizations and non-profit organizations for financing terrorism are: channeling funds, raising funds, providing logistical support, assisting and encouraging the recruitment of terrorist operatives or support for terrorist organizations, direct affiliation with terrorist elements – an NGO that maintains ties and acts to promote the interests of terrorist elements, openly, or by impersonating and misrepresenting a legitimate NPO, Abuse of initiatives and projects and transfer of donations and funds to conflict zones.

Transfer of funds under the auspices of a humanitarian organization to assist refugees from Syria. Civil War (archive), photo: AFP

Head of the Israel Money Laundering and Terror Financing Prohibition Authority, Adv. Ilit Ostrovich-Levy: "There is no terrorism without funding. Financing terrorism enables terrorist organizations to operate in Israel and around the world, harming and threatening the lives of peace-loving countries and peoples. Every organization needs funding, and locating and thwarting the financial paths that enable terrorist organizations to manage financially is critical to Israel's fight against terrorism. The Red Flags Guide that we are publishing today enables financial institutions in the private sector to focus on and identify the signs of exploitation attempts to assist terrorist activities and terror financing, and thus will help us produce more accurate and high-quality intelligence in order to identify terror financing routes and crack additional cases in this area."

Wrong? We'll fix it! If you find a mistake in the article, please share with us

Source: israelhayom

All news articles on 2023-05-17

You may like

Trends 24h

News/Politics 2024-03-27T16:45:54.081Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.