ABSTRACT

The links between terrorists and organized crime groups have been facilitated by globalization, the revolution in communications technology, and the conclusion of the Cold War. Like organized crime, there is a lack of consensus as to the definition of terrorism. The estimates for oil revenues are "all over the place", but according to the United Nations, ISIS at its apogee in 2014 was bringing in as much as $1.6 million each day who used them to skirt UN sanctions. Similar to the way the Taliban in Afghanistan and the FARC in Colombia tax drug trafficking organizations operating in their territories, ISIS earns a significant portion of its income by taxing the millions of civilians who work and subsist in regions controlled by ISIS. Whenever ISIS moves into a new territory, its soldiers head for the nearest banks. Critics of the terminology suggest narcoterrorism connotes "too broad a range of activities to be definitive for a particular form of terrorism".