Terror groups being funded by car thefts and scams in the UK


Terror groups operating in Iraq and Syria are being funded by a “complex money-laundering scheme” which involves cash from telephone banking scams operating in southern England and cars imported to Africa from the UK, a report into terror funding claims.

The report from the Financial Action Task Force (FATF) – established by G7 countries to tackle money laundering – details an issue raised by a member of the Eastern and Southern Africa Anti-Money Laundering Group: used car dealerships importing cars from Britain and other countries as “part of a complex money-laundering scheme, which was then funnelled to terrorist groups.”

Detective Chief Superintendent Terri Nicholson, head of operations in the Met’s Counter-Terrorism Command, said: “We have a number of live investigations and cases awaiting trial that have terrorist financing links.”