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ISIS Hemorrhaging Cash, Recruits after Devastating US Strikes

CBN

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ISIS is losing cash and recruits fast as U.S.-led air strikes have all but destroyed the group's surplus, reports BBC News.

In a briefing, Maj. Gen. Peter Gersten said the U.S. had repeatedly targeted stores of the group's funds. 

He estimates that $500 to $800 million in cash has been destroyed in attacks aimed at destroying the group's revenue stream. 

In one case, an estimated $150 million was destroyed at a house in Mosul, Iraq. 

Once called the "best funded terrorist organization" by the U.S. Treasury, the group has lost much of its resources. 

The blow to the group's financing also comes as they have lost territory, oil fields, and recruits. 

The jihadist army has seen a 90 percent drop in new recruits and it is reported people are fleeing the organization. 

"We're seeing a fracture in their morale, we're seeing their inability to pay, we're seeing the inability to fight, we're watching them try to leave Daesh in every single way," Gen Gersten added, using an Arabic term for ISIS.

Some defectors had been captured posing as women or as refugees in Iraq.

The number of those arriving to fight for the Islamic State in Iraq and Syria have fallen to about 200 a month, estimates Gersten -- a number that is down from its peak of 1,500 to 2,000. 

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