Al-Qaeda Manages Terrorism On A Budget

August 25, 2008 by national  
Filed under Homeland Security News

Since the Sept. 11, 2001, attacks, al-Qaeda has increasingly turned to local cells that run extremely low-cost operations and generate cash through criminal scams, bypassing the global financial dragnet set up by the United States and Europe.

Although al-Qaeda spent an estimated $500,000 to plan and execute the Sept. 11 attacks, many of the group’s bombings and assaults since then in Europe, North Africa and Southeast Asia have cost one-tenth as much, or less. Read more