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posted by Fnord666 on Friday December 15 2017, @09:09PM   Printer-friendly
from the apparently-it-wasn't-clean-enough dept.

US woman used bitcoin to move cash to Islamic State, police say

A New York woman has been accused of laundering bitcoin and other cryptocurrencies and wiring the money to help the so-called Islamic State. Zoobia Shahnaz, 27, was charged with bank fraud, conspiracy to commit money laundering and money laundering and is being held without bail.

Ms Shahnaz was born in Pakistan and worked as a lab technician in the US. Prosecutors say she took out fraudulent loans of $85,000 (£63,000) in order to buy the bitcoin online.

From the DoJ press release:

"Syria is a perilous and violent war-torn country, but the subject in this investigation was allegedly so determined to assist ISIS that she planned a covert, illegal entry into Syria," stated FBI Assistant Director-in-Charge Sweeney. "On top of which, she allegedly tried to launder virtual currency to bolster terrorists' dwindling financial support. The FBI New York Joint Terrorism Task Force kept this woman from her dangerous and potentially deadly goal. We will do all we can to stop the next person hoping to do the same. We want to thank our law enforcement partners Suffolk County Police Department, with whom we worked this case side-by-side."

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  • (Score: 1) by khallow on Saturday December 16 2017, @02:26AM

    by khallow (3766) Subscriber Badge on Saturday December 16 2017, @02:26AM (#610597) Journal
    Saying that doesn't make it so. It directly helps those who immigrate. In turn, the immigrant workers can send money back to help their family and friends. According to the OECD [], 135 million migrants currently reside in developed world countries (45 million in the US alone). That's a lot of people right there. That's almost 2% of the global population right there. If each person is helping two people on average, then that's more than 5% of the world being helped by immigration. It's not decisive, but it is definitely in the making-a-dent territory.