Money Laundering Scheme Leads To ISIS

A woman in Long Island pleads guilty of trying to launder money for ISIS on Monday. She a part of con scheme that was aiding funds for the terrorist organization.

According to prosecutors, Zoobia Shahnaz was able to dupe financial institutions out of around $85,000. $60,000 of that money was in bitcoin and other digital currencies. The money was to help fund terrorism. She was able to wire over $150,000 to different entities in China, Pakistan as well as Turkey as a means to support ISIS.

Officials say that Shahnaz was attempting to leave the country and travel to Syria. She was trying to do so after the completion of the fraudulent transactions. She is a U.S. citizen with no criminal past. Also, she was working as a hospital lab technician in Manhattan.

Brooklyn U.S. Attorney Richard Donoghue says that with Shanaz’s guilty plea, they were to get n admittance of her engaging in an elaborate money laundering scheme. She admitted to using cryptocurrencies to send thousands of dollars to the foreign terrorist organization ISIS. ISIS is responsible for the murder and destruction of thousands of people and their homes.

ISIS Supporter Receives Charges After Pleading Guilty To Money Laundering Scheme

Donoghue, in a statement, says that the Department of Justice and their law enforcement partners have counterterrorism as their highest priority. He says that together they will continue to hold all of those accountable whether the terrorists or their U.S. allies.

Court documents say that Shahnaz’s bank fraud scheme went between March and July of 2017 before her attempt at fleeing to Syria.

Before fleeing, she was able to access different ISIS propaganda from different jihad websites and message boards. They were an attempt to attract potential allies to the group.

The assistant director in charge of the FBI’s New York field office said that the woman had turned her back on her country and those who reside within its borders.

For her crimes, Shahnaz faces not only up to 20 years in prison, but restitution, criminal forfeiture, and fines.