ISIL makes millions a month gaming forex markets

ISIL makes millions a month gaming forex markets

Special to WorldTribune.com Islamic State of Iraq and Levant (ISIL) is making up to $25 million per month by gaming Mideast foreign exchange markets. The ISIL scheme takes advantage of the hawala system, which is an honor system in Middle East exchanges that operates outside of traditional banking. According to forex analyst David Butter, a […]