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Israel's Financial War on Terrorism Inspired the World, Book Reveals

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November 7, 2017

“Harpoon: Inside the Covert War against ‬ Terrorism’s Money Masters” offers a glimpse into Israel’s financial warfare against terrorist organizations such as Hamas and Hezbollah • Mossad uses innovative methods to cut terrorist groups’ financial lifeline.

Israel’s financial warfare on terrorist organizations such as Hamas and Hezbollah has become an inspiration to the international community, Shurat Hadin Israeli Law Center Chairwoman Nitsana Darshan-Leitner reveals in her new book.

“Harpoon: Inside the Covert War against‬ Terrorism’s Money Masters” also touches on the role played by the Mossad, Israel’s national intelligence agency, in U.S. litigation that she has pursued against the international financing of Israel’s enemies.

The book, named after the code name of the Mossad finance-tracking unit Darshan-Leitner worked with, lays out how Israel targets terrorist groups in complex financial operations, instigating losses in the tens of millions of dollars through bad investments and raids on banks and other financial institutions linked to the funding of terrorism.

The book describes how former Mossad Director Meir Dagan introduced economic warfare against terrorist groups in the late 1990s, which led to a dramatic decrease in Hamas suicide bombings and Hezbollah rocket fire. Dagan believed that eliminating terrorist organizations’ financial infrastructure should be one of the intelligence agency’s top priorities.

The task force he assembled comprised intelligence officers who worked with bankers, lawyers and tax experts using innovative methods to undermine the terrorists’ fund-raising networks worldwide.

“The Israeli task force understood before anyone else that money was the terrorist networks’ lifeline and that it was possible to cause them significant damage by stifling them economically,” Darshan-Leitner said.