Feds: New York woman laundered bitcoin to aide Islamic State

A Lengthy Island lady is accused of laundering bitcoin and different cryptocurrencies and wiring the cash abroad to assist the Islamic State group.

Prosecutors say 27-yr-previous Zoobia Shahnaz was charged with financial institution fraud and cash laundering in an indictment unsealed in Central Islip on Thursday.

Prosecutors say the previous lab technician fraudulently obtained greater than $eighty five,000 by means of a financial institution mortgage and bank cards to purchase bitcoin and different cryptocurrencies on-line. They are saying the Brentwood lady then wired greater than $one hundred fifty,000 to people and shell entities in Pakistan, China and Turkey.

Throughout this time, prosecutors say Shahnaz accessed quite a few Islamic State propaganda web sites.

Prosecutors say she was questioned at John F. Kennedy Worldwide Airport in July whereas trying to journey to Syria.

Her lawyer says she was sending cash to assist Syrian refugees.

Source link