It has been mentioned earlier in the section, terrorist financing is quite similar to money laundering, so it is important to understand the relationship between money laundering and terrorist organization to understand it better financing of terrorism and its activities Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay As is widely known, all terrorist organizations have been linked to traditional scavenging schemes, which are related to money laundering as they try to avoid detection, using various methods to move their funds. The important reason why they resort to money laundering to transfer the money is because both are related to each other in the way they use the funds, the source of the fund and in hiding the purpose and the ultimate beneficiary. The money launderer has to deal with a huge amount of money and has to launder it without receiving unwanted attention. As mentioned in the previous section, terrorist organizations when it comes to the amount or value, must be able to have a certain amount of funds to meet direct operational costs, i.e. maintaining infrastructure, paying salary, recruiting, training , etc. and the other is related to direct attack: purchase of weapons, communications, travel, false documents, etc. The cost of the operational activities of the terrorist organization is much higher than the cost of the direct attack itself, however the purpose of the fund must be kept secret in both cases. cases of financing need. This provides a general idea and reason why they use money laundering techniques because they have to handle significant amounts of money as well as making sure they don't get caught by the authorities as money laundering techniques are designed to avoid unwanted attention. Another reason why they behave like money laundering, because they wanted to make sure that the origin of the fund remained unnoticed, as mentioned in the funding sources section, the terrorist organization uses various sources of illegal or criminal activities, such as the drug tracking, extortion, oil sales etc. and they also finance themselves through black washing, where they have found themselves with charities, state sponsorships, legitimized businesses and self-financing. They did not want their sources to receive unwanted attention because, even in the case of legitimate business, they want to avoid attention as it can lead to criminal prosecution of the individual or entity involved in the transaction. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay The last reason they use money laundering schemes is to avoid detection and concealment of their true intention. The mention of the technique with the above case study gives us an idea of ​​the way terrorists move their funds and the above discussed helps us understand why such activities are used by terrorists.