Terrorist Financing in India: Funding Networks, Financial Crimes and National Security Risks

Terrorist Financing: The How of Terror Networks Terrorist Financing, the financing of deploying resources that could be considered as the provision, collection, and transportation or managing of funds to facilitate terrorist acts/organizations and extremists. Funding may be drawn upon from both legal and illegal sources and is generally spent on the recruitment, logistics, communication networks, training and activities of operational missions. Common Sources of terror financing Drug Trafficking Arms Smuggling Human Trafficking Kidnapping for Ransom Extortion Activities Illegal Trade Networks Donations and Fundraising Campaigns Improper use of Charitable Organizations The revenue generated by legitimate businesses.Income of legitimate businesses. Methods Used to Move Funds Financing networks today often use highly complex ways to conceal the objective or last destination of money, such as: The whole concept of digital assets and cryptocurrencies has been introduced. Online Crowdfunding Platforms Social Media Fundraising Campaigns. The informal transfer networks and Hawala. Cross-Border Cash Movement Shell Companies or Fixed Financial Facilities What's the point of all these controls? Terrorist financing can contribute to the growth of criminal and extremist networks by aiding in recruitment, propaganda, logistics and operational planning. This is why financial investigations are vital to uncovering suspicious transactions and disrupting illicit money laundering.