A Hezbollah funeral for one of its fighters killed in Syria. (YouTube/Channel 4 News)
Times of Israel: Hezbollah nearly bankrupt, but Nasrallah awash in cash — report
German daily says military involvement in Syria and US sanctions have forced terror group to increasingly rely on illicit schemes to raise money.
The Lebanese terror organization Hezbollah is reportedly on the verge of bankruptcy as a result of its large outlays on fighting in Syria and from the increasing squeeze of US sanctions on its revenue streams, though top members continue to pad their own wallets.
According to a report Friday in the German daily Die Welt, Hezbollah’s increasing financial difficulties have led the group to increasingly rely on a number illicit schemes to earn money, including money laundering, drug trafficking and counterfeiting, as well as through its substantial property holdings.
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WNU Editor: Hezbollah's involvement in the Syrian war must be a tremendous strain on its resources. But as long as the money continues to flow from Iran .... they will stay afloat.
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