Extensive Island Lady Charged With Working with Bitcoin To Launder Funds To Support ISIS


By Coburn Insurance
September 27, 2019

Enlarge this imageThe Justice Department has billed Zoobia Shahnaz, 27, with financial institution fraud and income laundering. She allegedly converted cash from charge cards into cryptocurrencies together with bitcoin and transferred it abroad in aid of ISIS.Dan Kitwood/Getty Imageshide captiontoggle captionDan Kitwood/Getty ImagesThe Justice Section has charged Zoobia Shahnaz, 27, with financial institution fraud and income laundering. She allegedly transformed funds from bank cards into cryptocurrencies which include bitcoin and transferred it abroad in support of ISIS.Dan Kitwood/Getty ImagesAuthorities say a woman on Prolonged Island, N.Y., stole and transferred much more than $85,000 to aid the Islamic State, employing bitcoin and also other cryptocurrencies. Zoobia Shahnaz, 27, is charged with lender fraud, conspiracy to dedicate dollars laundering and three counts of cash laundering, as Jabari Parker Jersey outlined by a pre s release from your Department of Justice. She pleaded not responsible on Thursday in U.S. District Court docket in Central Islip, N.Y. Shahnaz is usually a U.S. citizen born in Pakistan. She lives within the city of Brentwood, N.Y., where she was working as being a lab technician inside of a Manhattan medical center until finally June, when she stop her work. The federal government claims Shahnaz was detained on July 31 at John F. Kennedy airport as she was headed to Pakistan by means of Istanbul, from wherever they imagine she meant to enter Syria and be a part of ISIS. “As a wellne s treatment qualified, in 2016, Ms. Shahnaz was a volunteer with all the Syrian American Healthcare Culture a sisting other well being care suppliers in Kris Dunn Jersey offering lifesaving healthcare care to Syrian refugees,” her attorney, Steve Zi sou, tells NPR. “She witne sed the suffering in the refugees firsthand. Her humanitarian initiatives then and considering the fact that were being motivated by her determination to encouraging reduce the plight of the men and women within the Middle East.”According to Justice Division court docket filings, the defendant employed extra than a dozen bank cards 6 of which allegedly were fraudulently obtained to buy close to $62,seven-hundred in bitcoin as well as other cryptocurrencies. The government suggests Shahnaz transformed the cryptocurrencies back to U.S. pounds and deposited the money into a checking account in her title. She also allegedly acquired a $22,five hundred personal loan from the Manhattan bank. The Justice Section claims Shahnaz then commenced transferring income overseas to support ISIS, although getting actions to disguise the nature and reason in the money and prevent transaction reporting requirements. “Cryptocurrencies work independently of formal banking buildings and supply levels of anonymity to their users,” the U.S. Attorney’s Workplace writes in its ask for to get a detention purchase. “Persons engaged in illicit activity these as dollars laundering and terrorist financing may well use cryptocurrencies to avoid detection by legislation enforcement or intelligence expert services.” If convicted of lender fraud, Shahnaz faces approximately Thaddeus Young Jersey 30 several years in jail. One other prices each and every carry doable penalties of around 20 years. Courtroom filings recommend that portion of the government’s scenario will deal with the defendant’s Internet search heritage. In Might and June of this yr, in accordance with the documents, she examine article content about women joining and preventing ISIS, acce sed maps of locations alongside the Turkey-Syria border and towns within ISIS-controlled territory, Googled phrases these types of as “medical pupils ISIS” and “how a great deal overdraft can i get,” and viewed video clips of ISIS users urging Muslims to carry out attacks in Western countries.