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For extremists in Syria, extortion brings piles of cash from Iraq

The renegade Islamist group known as ISIS now controls swaths of Syria and Iraq, and it's partly because the fighters are so rich. ISIS, or the Islamic State of Iraq and Syria, is known for having the biggest guns and paying the highest salaries. While kidnapping, oil smuggling and donations from sympathizers have been well-known sources of […]

Alice Fordham reports for National Public Radio:

The renegade Islamist group known as ISIS now controls swaths of Syria and Iraq, and it's partly because the fighters are so rich. ISIS, or the Islamic State of Iraq and Syria, is known for having the biggest guns and paying the highest salaries.

While kidnapping, oil smuggling and donations from sympathizers have been well-known sources of money, the groups also run complex and brutal protection rackets, according to analysts.