23 Hrs
Source:
عين ليبيا
Tracing Funds from Brussels to Syria
European investigations have uncovered networks that transfer cash via the WhatsApp application, utilizing groups on the platform to conduct transactions worth hundreds of millions of euros. There are indications that some of these networks are linked to funding ISIS and other criminal activities. These networks use messages in Arabic and employ informal transfer methods through intermediaries known as "huwaleln" (money couriers), allowing funds to be moved across borders without direct registration, making them difficult to monitor. Most of these transfers occur outside the traditional banking system, posing a significant challenge for anti-money laundering agencies. This is especially problematic since the UK allows the registration of such intermediaries, while European countries prohibit it. These networks are also used for legitimate purposes, such as transferring money to migrants; however, their exploitation for funding terrorism and crime presents an increasing threat.
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