{"id":2093094,"date":"2023-11-07T16:26:01","date_gmt":"2023-11-07T21:26:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/palestinian-terrorists-exploit-loopholes-for-taxpayer-dollars-watchdog-tells-congress\/"},"modified":"2023-11-07T16:28:49","modified_gmt":"2023-11-07T21:28:49","slug":"palestinian-terrorists-exploit-loopholes-for-taxpayer-dollars-watchdog-tells-congress","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/palestinian-terrorists-exploit-loopholes-for-taxpayer-dollars-watchdog-tells-congress\/","title":{"rendered":"Palestinian terrorists &#8216;exploit loopholes&#8217; for taxpayer dollars, watchdog tells Congress"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpalestinian-terrorists-exploit-loopholes-for-taxpayer-dollars-watchdog-tells-congress%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2093094&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Watchdog Group Alleges \u200cHamas Exploits Loopholes to Fundraise in the US<\/h2>\n<p>A memo sent to Congress this week by the \u2064Zachor \u2062Legal Institute, an organization dedicated to combating antisemitic activity, claims that\u200b Hamas and other Palestinian terrorist \u200cgroups are taking\u200c advantage of\u2064 little-known\u2062 loopholes \u200bin the US financial system \u2063to raise funds and gain influence. The \u200beight-page memo, \u2064obtained by the Washington Examiner, \u2063highlights the lack of Treasury Department laws that allow these groups to operate freely. This revelation comes at \u200da time when lawmakers are\u200b growing increasingly concerned about pro-Palestinian activist hubs in the US that have ties to \u2062terrorist factions and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senator-announces-probe-of-pga-tour-liv-golf-merger\/\" title=\"Senator to Investigate PGA Tour-LIV Golf Merger\">enjoy <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/leah-remini-says-her-16-year-old-daughter-keeps-her-woke\/\" title=\"Leah Remini Says Her 16-Year-Old Daughter Keeps Her \u2018Woke\u2019\">tax-exempt status<\/a><\/a> through the \u200bIRS.<\/p>\n<h3>Strengthening the Sanctions Program<\/h3>\n<p>Marc Greendorfer, president of the watchdog group, argues that\u200c the Treasury Department&#8217;s Office of Foreign Assets Control should enhance its Specially Designated Nationals and Blocked\u200c Persons List. While acknowledging the effectiveness of the\u200c list, Greendorfer\u2063 points\u2063 out\u2062 that terrorist \u2064organizations\u2063 like Hamas and Hezbollah\u200d are\u2064 able to evade sanctions by creating front organizations that pose\u200c as charitable or humanitarian groups. The \u200bmemo calls for stronger measures to prevent these groups \u2062from accessing US \u2064assets.<\/p>\n<h3>Concerns and Actions<\/h3>\n<p>The Foreign Affairs Committee and the Ways and Means panel have confirmed \u200breceipt of the memo. In response to \u2064the ongoing issue, the \u200bTreasury\u200b Department\u2064 recently imposed sanctions on Hamas officials and financial facilitators. Additionally, \u200dSenator Ted Cruz introduced a bill seeking to sanction all members of\u200d Hamas. However, concerns \u200bremain as \u200bthe watchdog&#8217;s memo \u2062mentions the Holy Land Foundation, a previously\u200c sanctioned charity, and the Alliance\u2063 for Global Justice, an active \u2063charity in Arizona that has been\u200b accused\u2064 of supporting terrorism.<\/p>\n<h3>Fiscal\u2064 Sponsorship and Greater Transparency<\/h3>\n<p>The memo highlights the practice of fiscal sponsorship, \u200dwhich allows \u2064charities\u200d to avoid financial scrutiny and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/palestinian-terrorists-exploit-loopholes-for-taxpayer-dollars-watchdog-tells-congress\/\" title=\"Palestinian terrorists 'exploit loopholes' for taxpayer dollars, watchdog tells Congress\">provide tax-exempt benefits<\/a> \u200bto donors.\u200c Greendorfer calls on the IRS to review this arrangement and require greater reporting of assets for transparency purposes. \u2064He \u200dalso urges the Treasury Department to investigate Hamas &#8220;aliases&#8221;\u2064 and sanction \u200dany entities found to be operating as fronts for \u200dterrorism.<\/p>\n<p>Representative \u200cDarrell Issa, a member of\u2062 the Foreign Affairs panel, emphasizes\u2062 the importance of\u2063 addressing the financial infrastructure that supports global terror.\u200c He \u200dhas previously called for investigations\u2064 into the Democratic fundraising platform\u200d ActBlue for its association with groups sponsored by the Alliance for Global Justice.<\/p>\n<p>The memo\u2063 concludes by urging Congress not to turn away from the\u2062 truth \u200band calls for action to prevent further exploitation of the US financial\u200d system\u200d by terrorist\u2063 organizations.<\/p>\n<p> <\/p>\n<h2> What are the potential consequences of designating Hamas as \u2062an SDN, in addition to\u200d its current classification as \u200ca Foreign Terrorist Organization by the US State Department?<\/h2>\n<p><span>  (SDN) list, which identifies individuals \u2062and organizations believed to be engaged in terrorism, \u2062terrorist financing, or \u200dother activities that\u200d pose a threat to \u200dnational \u200dsecurity. Currently, Hamas \u2064is listed as a Foreign Terrorist \u200dOrganization (FTO) by the US State\u2063 Department, but Greendorfer\u2062 suggests designating it as an SDN as well, which would\u2064 impose \u200cstricter financial restrictions and make it more difficult for the group to fundraise in the US.<\/p>\n<p>The memo also calls for increased transparency and oversight of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-house-republicans-call-for-answers-from-texas-elections-administrator-over-private-funding-for-elections\/\" title=\"EXCLUSIVE: House Republicans Call For Answers From Texas Elections Administrator Over Private Funding For Elections\">tax-exempt organizations<\/a> that \u200dhave ties to terrorist \u2063factions. Currently, \u200cthese\u2063 organizations are\u2062 required to file an annual information return with the IRS, but the information provided is \u2063often\u2064 minimal and does not \u200bfully disclose their activities or affiliations. \u200cGreendorfer argues that\u2063 stricter\u2064 reporting requirements, including disclosing any financial transactions or support\u2064 to terrorist groups, should be\u2062 implemented to \u200censure that these organizations are not exploiting their tax-exempt status to\u200d fundraise \u200dfor nefarious purposes.<\/p>\n<h3>The Role of Pro-Palestinian Activist Hubs<\/h3>\n<p>The memo highlights the significant influence that pro-Palestinian activist hubs in the US have\u200c in promoting the agenda \u2063of \u2063Hamas and other terrorist \u200cgroups.\u200d These hubs, which often operate as\u2064 non-profit \u2063organizations, have been accused \u2062of providing a platform\u200b for\u200b hate speech, promoting violence against Israel, and serving\u2063 as fronts for terrorist financing. The \u200clack of scrutiny and regulation surrounding these organizations allows them to freely raise funds and operate without facing\u200b any consequences. The memo suggests that \u200bthe US \u200bgovernment should be\u200b more proactive in investigating and\u2063 dismantling these hubs to prevent the flow of funds to terrorist groups.<\/p>\n<h3>Addressing the\u2062 Loopholes<\/h3>\n<p>To address the loopholes in the \u2064US financial system, the memo proposes\u200d a series of recommendations. Firstly, it suggests expanding the SDN list and designating Hamas and other Palestinian terrorist groups \u200das SDNs, subjecting them to stricter financial restrictions. Secondly, it calls\u200c for \u200cenhanced\u2062 reporting requirements for\u2062 tax-exempt \u2064organizations, particularly those with\u2063 ties to terrorist \u200cfactions, to ensure transparency and accountability. Thirdly, the memo urges \u2064the US government to investigate and \u200bdismantle pro-Palestinian activist hubs that promote\u2064 terrorism and\u2064 terrorist financing.<\/p>\n<p>The allegations made by the Zachor Legal Institute&#8217;s memo \u2062shed light on a concerning issue of Hamas exploiting loopholes\u200c in \u200bthe US financial system to raise funds and gain influence. As lawmakers \u2064become increasingly \u2064aware of the potential threat posed by\u200b these loopholes, it is crucial for the Treasury \u200dDepartment and other relevant agencies \u2063to \u200dtake immediate action in\u200b strengthening sanctions \u2062programs, enhancing oversight of tax-exempt organizations, and \u200baddressing the role of pro-Palestinian activist\u200c hubs. Only through these measures can\u200b the\u2063 US government effectively combat the flow \u200cof\u2063 funds\u2063 to terrorist groups and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gabriella-hoffman-politicians-act-to-bar-ccp-from-buying-u-s-farmland\/\" title=\"Gabriella Hoffman: Politicians Act to Bar CCP from Buying U.S. Farmland\">protect national security interests<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXCLUSIVE \u2014 Hamas and other Palestinian terrorist groups &#8220;exploit&#8221; little-known &#8220;loopholes&#8221; to fundraise and gain major footing in the United States financial system due to a lack of Treasury Department laws, a watchdog group alleged in a memo to Congress this week. The eight-page memo was authored by Zachor Legal Institute, an organization that &#8220;combats<\/p>\n","protected":false},"author":1,"featured_media":2093095,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2093094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2093094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2093094"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2093094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2093095"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2093094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2093094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2093094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}