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September 01, 2020 10:18am
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Bitcoin, bank fraud and bloodshed: New York woman pleads guilty to supporting ISIS terror group

Zoobia Shahnaz, a 27-year-old resident of Brentwood, Long Island, admitted to wiring more than $150,000 to individuals and shell entities that were fronts for ISIS in Pakistan, China and Turkey in 2017. Shahnaz engaged in a scheme to scam banks by fraudulently obtaining six credit cards, according to another court filing. She then bought more than $62,703 in Bitcoin and other cryptocurrencies, and converted the currencies to cash.
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