Disguised as Charity: Financial Intelligence on the Fight Against Extremism

Марина Онегина Society
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According to Ruslan Dzhumadilov, Deputy Chairman of the State Financial Intelligence Service, extremism is closely linked to phenomena such as dropper schemes, internet fraud, and the financing of illegal activities. These factors are critically important for the functioning of extremist groups.

He noted that resources—financial means, technology, logistics, and human resources—are the foundation for the existence of such structures.

“Often, extremists obtain funds illegally. Elderly people are particularly vulnerable to such schemes, becoming victims of internet fraudsters and losing their savings. We can track such transactions within one and a half to two, at most three hours, but after that, the money usually moves to other countries through dropper schemes,” emphasized Dzhumadilov.

He also pointed out that the illegal turnover of goods, extortion, and shadow financial operations play a significant role in financing extremism.

“Sometimes money can be disguised as charity or legitimate business. Financing extremist activities is a criminal offense, regardless of an individual's involvement in illegal actions. Why is such financing dangerous? It strengthens the influence of extremists, increases the risk of violence, and destabilizes society,” he added.

Without financial support, extremism can hardly exist, as money serves as fuel for these organizations, allowing them not only to survive but also to develop. Therefore, combating the financing of extremism is one of the key measures for its prevention,” concluded Ruslan Dzhumadilov.
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