The jihadi group is holding their prisoners captive somewhere south of the Euphrates River in the war torn nation.
Speaking in the Black Sea resort city of Sochi, Putin added that ISIS was expanding its control in territory controlled by U.S. and U.S.-backed forces and blasted America for a "catastrophic" failure.
Putin said: "They have issued ultimatums, specific demands and warned that if these ultimatums are not met they will execute 10 people every day. The day before yesterday they executed 10 people."
The TASS news agency reported on Wednesday that IS militants had taken around 700 hostages in Syria's Deir-al Zor province after attacking a refugee camp in an area controlled by U.S.-backed forces on Oct.13.
TASS said the militants had kidnapped around 130 families and taken them to the city of Hajin.
It comes just days after the terrorist group attacked a refugee camp in Deir ez-Zor province.
ISIS had appeared to be no longer a serious threat in the region with several Western governments suggesting the group had nearly been destroyed.
But this development appears to show the Islamist death cult is still a very real threat in the region.
More to follow…
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