A difficult issue facing the refugee crisis – the fake Syrian refugee and its terrorism and money laundering concerns

Complicated Growing Use of Fake Syrian Passports According to several recent news reports, many, many refugees and migrants entering, or who have entered, the EU are doing so with false Syrian passports, creating what may be the biggest mass fraud of our time and the largest money laundering activity by sheer volume. In addition to […]

‘Twitter terrorist’ a danger, says panel at ACAMS Conference

The Lawyers Weekly has a good story covering the ACAMS Conference in Toronto’s panel on terrorist financing in which we participated with FINTRAC, Standard Chartered and the OPP to discuss the risks and issues of terrorism threats in Canada. The article, available here, discusses Ontario and security concerns, as well as how FINTRAC deals with […]

France to limit cash and ‘anonymous’ transactions; introduces new law; et mobilise contre le terrorisme avec l’investissement de €736 million

€736 Million Investment in Counter-Terrorism Infrastructure Le gouvernement français a décrété une “mobilisation générale” contre le terrorisme, annonçant la création de 2,680 emplois et le déblocage de €736 millions sur trois ans. Le Premier ministre a présenté des mesures visant à mieux lutter contre les filières suspectes, notamment via internet et dans les prisons, évaluant […]

The Jihad Express –> Gaziantep Turkey still ISIS’ conduit city of choice

Jihad Express Gaziantep, Turkey appears to have emerged as a city of choice for terrorist financing and human trafficking for the Islamic State (“ISIS“) in the past twelve months. Gaziantep is a city close to the Syrian border and is considered one of the key “porous” border towns, where people and goods illegally sold or […]

Two Bitcoin stories hit the news related to ISIS and terrorist financing allegations

Bitcoin hits the news related to ISIS There were two Bitcoin stories today in the US media with an ISIS connection, raising alarm bells regarding the potential use of digital currencies for terrorist financing. The first story was that a teenager in Virginia had been arrested by the FBI for allegedly facilitating a person to […]

Counter-Terrorist Financing Presentation in Toronto

With the Association of Certified Anti-Money Laundering Specialists, we’re organizing a special presentation on “Terrorist Financing Concerns & Risks in Ontario for the Financial Services Sector” on February 24, 2015, in Toronto. The presentation will be given by the OPP’s Deputy Commissioner, Scott Tod, and Deputy Director of FINTRAC, Barry MacKillop, and is sponsored by […]

ISIS confirmed it is sending defectors back home to the West with instructions to commit terrorist acts

ISIS  sending defectors back home According to the popular website “Raqqa is Being Slaughtered Silently” written by people who oppose the Islamic State (“ISIS“) living in ar Raqqa, Syria, a town occupied by ISIS, ISIS is starting a campaign to send defectors back home to places like Canada, the UK, France and the US to […]

Six Indicted in US for Funding ISIS Using Money Services Businesses that Routed Funds to Conduit Countries

Terrorist Financing for ISIS using online Payment Processors and MSBs from US Routed to Turkey and Saudi Arabia The USDOJ indicted six people this week for terrorist financing who are alleged to have used money services businesses to finance the Islamic State (“ISIS“) and to supply war-related goods to members of ISIS. According to the […]

Canada’s New Anti-Terrorism Act, 2015 – Bill C51

1. New Anti-Terrorism Act, 2015 The Government of Canada introduced its anticipated anti-terrorism legislation in Parliament. Bill C-51, entitled “An Act to Enact the Security of Canada Information Sharing Act and the Secure Air Travel Act” (the “Anti-Terrorism Act, 2015“) which is intended to arm the government with broader powers to address the increasing threat of terrorism […]

Arrest of the Queen of ISIS sheds light on terrorist financing through Lebanese charities for refugees

According to an article in the Washington Post, the arrest of Saja Hamid al Dulaimi, the ex-wife of the leader of the Islamic State, Abu Bakr al-Baghdadi, has shed light on terrorist financing methods used by ISIS in Lebanon. The Queen of ISIS was arrested in November 2014, attempting to enter Lebanon with her daughter, who […]