Is there a terrorism risk for Canada in accepting 25,000 refugees?

Terrorist risks for refugees There appears to be a debate that has the potential to escalate in this country in respect of whether there are risks for Canada in taking in 25,000 Syrian refugees. No decision is ever risk-free. The decision to accept Syrian refugee is no different – it is not risk free. But […]

A difficult issue facing the refugee crisis – the fake Syrian refugee

Complicated Growing Use of Fake Syrian Passports According to several recent news reports, 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 by sheer volume. There are terrorism risks that threaten international security because ISIS […]

‘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 […]

In 2015, more countries become terrorist hotspots; Canada moves up ranks to become 35th in terrorism threat index; US moves up to 17th place

US and Canada move up on the terrorism threat index 2014 and thus far in 2015, have been marked by a dramatic increase in terrorist incidents and in the number of countries that have been pulled into terrorist activity and for which financial institutions have been used for terrorist financing. Western countries are becoming less […]

Defector from UK to Islamic State releases e-book that sheds some light on trade-based terrorist financing

Ebook on ISIS An ISIS defector from the UK has published an e-book called “A Brief Guide to the Islamic State” (2015 Edition) that is posted on a popular social media called Internet Archive and no despite its offensive content and recruitment purpose, no government is ordering social media companies to remove terrorist content. The […]

American Banker – Why banks should be concerned about hackers taking on counter terrorist financing

In case you missed it, our article in American Banker‘s Bank Think entitled “We Shouldn’t Be Relying on Hackers to Stop Terrorism Financing” can be read here. The article discusses the recent phenomena of hackers in #OpISIS taking down the websites of the Islamic State and their stated promise to go after banks engaged in […]

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 […]

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 […]