ISIS is World’s Richest Terror Group

Posted : October 24, 2014 at 8:01 pm IST by ManaTeluguMovies

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Even as Islamic State Militants are sending shivers across the world with their horrific acts in Syria and Iraq, bringing the two countries under their control and even throwing an open challenge by trying to expand its wings across the world, a shocking truth came about the organization.

According to USA, Islamic State made rapid strides by becoming the World’s richest militant group. With in a month the terror outfit generated millions of dollars from ransoms, blackmarket of oil sales and extortion.

It makes $ 1 million per day from crude oil from oil fields it captured from Syria and Iraq. David Cohen, treasury undersecretary for terrorism and financial intelligence says Islamic State poses serious threat to United States.