Blacklisted Terrorism Financiers Still Active on Social Media

By Christopher S. Stewart and Rob Barry

…Though terrorist financiers may lose their bank accounts after being blacklisted by Treasury, “in many cases, they are still able to maintain and establish new social media accounts, often on the same social media platforms they used for their terrorist activities,” according to the report, by The Camstoll Group, a Los Angeles financial-intelligence firm.

The report, which is expected to be made public Monday, details cases of alleged financiers of terrorism who hold accounts on U.S.-based social-media platforms, including Twitter, Instagram and Facebook. The cases raise questions about Treasury’s ability to enforce its terror blacklist in the face of rapidly changing technologies.

“If they’re designated as financiers of terrorism, why should they be allowed to stay open on social media?” asked Matthew Epstein, Camstoll’s chief executive.