Analyze the financial practices of terrorist groups to acquire resources and explain how they move and store monetary resources. Support your response.

To some extent, terrorist funding includes a variety of tactics and strategies at the macro and micro levels. At the macro level, large-scale terrorist organizations such as al Qaeda, Hamas, and
Hezbollah solicit or raise funds for a variety of purposes, including the funding of their extensive networks that span several countries. This funding comes primarily from charities, benefactors, and transnational organized crime activities. The funding of local cells often is intended to finance specific terrorist events. The micro level includes local cells that may or may not be affiliated with a larger terrorist organization. In some cases, local cells, whether affiliated or independent, will engage in fund-raising. They operate legitimate businesses, engage in crime, and have relationships with local charities and supporters. Generally, the local cells will use the money to sustain themselves and fund localized terrorist-related activities. They sometimes will transfer or contribute money to other cells or the terrorist organization with which they are associated. terrorist financial transactions are a complicated matter. They are multifacetedand involve a number of stages and participants. Through intelligence gathering or trialand error, terrorists often identify cracks or loopholes in financing regulations and move theirmonies accordingly. For the most part, terrorist financing consists of three distinct operations:
(1) Earning or acquiring resources,
(2) Moving or laundering the money, and (3) Storing or banking the money until it is needed. Figure 11-3 outlines this process and the various mechanisms associated with each operation.