$845,000 to Fund Terror Confiscated

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CBNNews.com - JERUSALEM, Israel - In a joint operation, Israeli security forces confiscated cash from Palestinian money changers in Judea and Samaria (the West Bank).

In simultaneous operations in Nablus, Jenin, Tulkarm, Ramallah and Hebron, the Israel Defense Forces (IDF), the Shin Bet (General Security Agency) and the Israel Police raided money-changing operations in 14 homes and offices.

Security forces confiscated a variety of weapons and ammunition, along with the cash, and detained five people for questioning.

Defense officials said terror groups have used several channels, primarily money changers, to distribute millions of dollars to terror groups in Judea, Samaria and the Gaza Strip.

"Terror organizations overseas wire the money to the accounts, without the Palestinian Authority's supervision, and from there it's transferred to terror operatives," one defense official said. "The money is used to buy weapons and pay the operatives," he said.

Palestinian money changers stay in close touch with money changers in other Arab countries, who work directly with various terror groups' headquarters.

Sources: YNet news service, The Jerusalem Post

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