Latest Terrorism funding News

Israel accepted into global financial watchdog group

Dec. 10, 2018 4:31 AM EST

JERUSALEM (AP) — Israel says it has been accepted as a member in a global money laundering and terrorism financing watchdog group. The Financial Action Task Force is an intergovernmental group of some 35 countries based in Paris that sets international standards on terror financing and money laundering....

The Latest: Soldier sentenced to 25 years for terrorist aid

Dec. 4, 2018 2:20 PM EST

HONOLULU (AP) — The Latest on sentencing for a Hawaii-based solider who pleaded guilty to trying to help Islamic State (all times local): 9:15 a.m. A judge is sentencing a solider based in Hawaii to 25 years in prison for trying to help the Islamic State group. Sgt. 1st Class Ikaika Kang pleaded guilty in...

US citizen pleads not guilty to terrorist-supporting charge

Nov. 8, 2018 5:49 PM EST

DAYTON, Ohio (AP) — An Ohio man accused of trying to fly overseas to train with an Islamic State-affiliated group has pleaded not guilty to a federal charge of attempting to provide material support and resources to a foreign terrorist organization. Court records show Naser Almadaoji (NAH'-ser...

Algerian tied to cartoonist death plot sentenced to 15 years

Oct. 30, 2018 4:46 PM EDT

PHILADELPHIA (AP) — An al-Qaida suspect linked to a plot to kill a Swedish cartoonist was sentenced Tuesday to 15 years in federal prison. Ali Charaf Damache was sentenced in federal court in Philadelphia after pleading guilty in July to one count of conspiracy to provide material support to terrorists....

Former Alabama woman charged with supporting al-Qaida

Oct. 23, 2018 10:58 PM EDT

BIRMINGHAM, Ala. (AP) — Federal prosecutors have charged a former Alabama resident with attempting to provide material support to a foreign terrorist organization and helping others to do the same. The U.S. Department of Justice said in a news release that Alaa Mohd Abusaad was charged Tuesday in...

Mnuchin announces sanctions against 9 individuals

Oct. 23, 2018 12:36 PM EDT

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin announced Tuesday that the United States and six other Middle East countries are taking action to expose and disrupt terrorist activities being conducted by the Taliban and Iran to undermine the government of Afghanistan. In the announcement from Riyadh,...

The Latest: Mnuchin meets with embattled Saudi crown prince

Oct. 22, 2018 5:19 PM EDT

ISTANBUL (AP) — The latest on the fallout from the killing of Saudi journalist Jamal Khashoggi at the kingdom's consulate in Istanbul (all times local): 12:08 a.m. U.S. Treasury Secretary Steven Mnuchin has met with Saudi Arabia's embattled crown prince, Mohammed bin Salman. The meeting took place as the...

Financial watchdog: Regulate cryptocurrencies now, or else

Oct. 19, 2018 9:41 AM EDT

PARIS (AP) — A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force said Friday that from next year it will start assessing whether countries are...

Global government body warns Iran on terrorism financing

Oct. 19, 2018 9:05 AM EDT

PARIS (AP) — A global financial watchdog Force has given Iran until February to crack down on terrorism funding or risk deeper economic isolation. The Financial Action Task Force said Friday it would effectively blacklist Iran if it doesn't fulfill 10 promises made to pass and enforce laws against...

US targets network backing Iran's use of child soldiers

Oct. 16, 2018 1:44 PM EDT

WASHINGTON (AP) — The Treasury Department on Tuesday targeted a network of banks and businesses that provides financial support to a paramilitary force in Iran, which allegedly trains and deploys child soldiers to fight with Iran's Islamic Revolutionary Guard Corps. The sanctions are part of the U.S....