NEW YORK: A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant Islamic State (IS) group was arrested on charges of money laundering in support of a foreign terrorist organisation and bank fraud, prosecutors said on Thursday.

Federal prosecutors in New York’s Suffolk County claimed in court papers that Zoobia Shahnaz, 27, used fraudulent credit cards and loans to accumulate $85,000, which she attempted to transfer to IS before attempting to go to Syria to join it.

Prosecutors said that after travelling to Jordan to work with the Syrian American Medical Society, Ms Shahnaz returned to the United States and applied for six credit cards, which she used to buy bitcoin and other cryptocurrencies.

The resident of the hamlet of Brentwood in Islip on Long Island appeared before a federal judge late on Thursday and was ordered to be detained, prosecutors said.

Her lawyer, Steve Zissou, did not immediately respond to a request for comment on the case.

“After borrowing about $85,000 with fraudulently obtained credit cards and loans and withdrawing another $22,000 from bank accounts in her own name, Ms Shahnaz sent funds to recipients in Pakistan, China and Turkey,” prosecutors said.

“Some of that money came in the form of $63,000 in bitcoin and other crypto-currencies purchased with the credit cards,” prosecutors added.

Published in Dawn, December 16th, 2017

Opinion

Editorial

Football elections
17 Nov, 2024

Football elections

PAKISTAN football enters the most crucial juncture of its ‘normalisation’ era next week, when an Extraordinary...
IMF’s concern
17 Nov, 2024

IMF’s concern

ON Friday, the IMF team wrapped up its weeklong unscheduled talks on the Fund’s ongoing $7bn programme with the...
‘Un-Islamic’ VPNs
Updated 17 Nov, 2024

‘Un-Islamic’ VPNs

If curbing pornography is really the country’s foremost concern while it stumbles from one crisis to the next, there must be better ways to do so.
Agriculture tax
Updated 16 Nov, 2024

Agriculture tax

Amendments made in Punjab's agri income tax law are crucial to make the system equitable.
Genocidal violence
16 Nov, 2024

Genocidal violence

A RECENTLY released UN report confirms what many around the world already know: that Israel has been using genocidal...
Breathless Punjab
16 Nov, 2024

Breathless Punjab

PUNJAB’s smog crisis has effectively spiralled out of control, with air quality readings shattering all past...