ISIS reaping $1million+ a day in oil black market

Via The Daily Mail:

Islamic State militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said on Thursday.

David Cohen, who leads the department’s effort to undermine the Islamic State’s finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

In addition, he said the group has taken in at least $20 million in ransom payments this year from kidnappings.

[…]
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