NEW YORK, New York - A new report from the United Nations says that the terrorist group ISIS has taken in as much as $45 million this year from ransom payments. And they're not the only player in the global kidnapping industry.
The report says that between 2004 and 2012, terrorist groups collected $120 million in kidnapping ransoms. For Al Qaeda, it's their main source of revenue. In North Africa, Al Qaeda made $75 million in the last four years by trading hostages for cash. Al Qaeda in the Arabian peninsula made $20 million between 2011 and 2013 in ransoms.
Many countries, including the United States, have a policy not to pay terrorist ransoms. This year three U.S. citizens have been abducted and killed by ISIS.