Horn
15th December 2017, 11:55 AM
Long Island, New York: a woman is facing up to 110 years in jail after trying to send $150,000 in Bitcoin and altcoins to ISIS.
The New York Post reported how Zoobia Shahnaz fooled banks into giving her loans and credit cards, which she then used to purchase cryptocurrencies. The loan Shahnaz secured amounted to $22,500, while several credit cards contributed to a further $62,000 in cryptocurrency sent abroad to support the terrorist organization.
Shahnaz, a US citizen, previously worked as a lab technician in a Manhattan hospital. Last year she traveled to Jordan to work with the Syrian American Medical Society as a volunteer medic in Syrian refugee camps where, according to court documents, ISIS had “significant influence.”
In July of this year, the ISIS supporter was stopped and questioned in JFK Airport, apparently on her way to Syria and prevented from boarding. She was then arrested this Wednesday and charged with bank fraud and multiple counts of money laundering, Acting US Attorney Bridget Rohde said in a statement from the Department of Justice (DOJ) on Thursday.
The DOJ outlined Shahnaz’s activities as follows:
“...The defendant defrauded numerous financial institutions and obtained over $85,000 in illicit proceeds, which she converted to Bitcoin and other cryptocurrencies. She then laundered and transferred the funds out of the country to support the Islamic State of Iraq and al-Sham [ISIS]”
https://cointelegraph.com/news/us-isis-supporter-caught-sending-150k-in-laundered-crypto-to-syria
The New York Post reported how Zoobia Shahnaz fooled banks into giving her loans and credit cards, which she then used to purchase cryptocurrencies. The loan Shahnaz secured amounted to $22,500, while several credit cards contributed to a further $62,000 in cryptocurrency sent abroad to support the terrorist organization.
Shahnaz, a US citizen, previously worked as a lab technician in a Manhattan hospital. Last year she traveled to Jordan to work with the Syrian American Medical Society as a volunteer medic in Syrian refugee camps where, according to court documents, ISIS had “significant influence.”
In July of this year, the ISIS supporter was stopped and questioned in JFK Airport, apparently on her way to Syria and prevented from boarding. She was then arrested this Wednesday and charged with bank fraud and multiple counts of money laundering, Acting US Attorney Bridget Rohde said in a statement from the Department of Justice (DOJ) on Thursday.
The DOJ outlined Shahnaz’s activities as follows:
“...The defendant defrauded numerous financial institutions and obtained over $85,000 in illicit proceeds, which she converted to Bitcoin and other cryptocurrencies. She then laundered and transferred the funds out of the country to support the Islamic State of Iraq and al-Sham [ISIS]”
https://cointelegraph.com/news/us-isis-supporter-caught-sending-150k-in-laundered-crypto-to-syria