U.S.: Up to $800M of ISIS Cash Destroyed

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The United States has repeatedly targeted ISIS funds in airstrikes and has destroyed between $500 million and $800 million of the group’s money, a U.S. official said.

Major Gen. Peter Gersten told reporters the strategy to target the extremists’ stashed money has helped lead to a 90 percent increase in defections and a drop in new recruits. Gersten, the deputy commander for operations and intelligence for the U.S.-led operation against ISIS in Baghdad, didn’t specify how the U.S. knew how much money had been destroyed.

He gave an example that an estimated $150 million was destroyed at a house in Mosul.

Security forces received intelligence about where the money was stored in the house before carrying out a strike. Though it’s unclear exactly how much money ISIS has, the U.S. Treasury has described the group as “the best-funded terrorist organization” it had encountered. Read more at BBC News.

{Matzav.com}


2 COMMENTS

  1. Nice Hussein Obama trick: drop a bomb on an empty house, claim one billion was stashed in there, declare victory over ISIS.

  2. It was the russians that carried out operations to cut off ISIS funding, after Putin presented reconnaice photos of lines of oil trucks extending to the horizon, the line ending at the Turkish border. This was after 2 years of US ‘operations’ where nobody noticed this epic scene ?

    Then the Russians enter the war and removed ISIS within 2 years time. Before then the US spent 2 years bombing, and training and arming ‘moderate rebels’, so the result was that ISIS grew exponentially.

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