Within terrorist funding there is illegal funding and legal funding. Both methods are able to generate large amounts of money for multiple terrorist groups. Illegal funding entails exploits from extortion, kidnapping, piracy, money smuggling, drug rings, human trafficking, credit card fraud and bribery. Narcoterrorism is among one of the most major sources of terrorist funding. For instance, unlawful drugs such as cocaine, heroin and methamphetamines brings in an unsurmountable amount of money. “Terrorism and drugs go together like rats …show more content…
There are several groups who take part in narcoterrorism such as the Armed Forces of Columbia (FARC). This is a Columbian group who mainly is funded primarily through drug trafficking. Also, illegal funds set to acquire $25 million dollars’ worth of cocaine was disrupted. Al Qaeda was attempting too turnover several thousand weapons and types of ammunition for illegal drugs. Another form of illegal funding committed by radical groups is money laundering. The use of the “Super Hawala” is a money laundering unofficial trade of payment by two or more individuals or businesses. Countless terrorist groups use the Hawala to move currency in and out different countries because it is untraceable, requires no tangible information, can be accomplished quicker than a regular international wire transfer leaves little to no paper trail. “These faceless transactions and the greater anonymity they may pose new challenges to law enforcement that must be addressed” (Ehrenfeld, p. 15). Extortion is among one of the top illegal sources used to fund radical groups by using charities. The Lebanon-based Shia extremist