WASHINGTON – Zoobia Shahnaz, a Pakistan born US citizen has been foundinvolved in a Bitcoin fraud to finance Islamic State.
She was living on Long Island, has pleaded guilty against charges of beinginvolved in Bitcoin fraud to help Islamic State in Iraq and Syria (ISIS).
Prosecutors had claimed that Zoobia was involved in defrauding multiplefinancial institutes in a bid to help out ISIS. She was found involved intransactions pertaining to laundering Bitcoins and wiring the money to ISISgroup in Syria. Shahnaz used 16 different credit cards to purchase $63,000worth of Bitcoins and other cryptocurrencies. She also obtained a loan of$22,500 from Manhattan Bank. According to officials, She laundered themoney to multiple people in Turkey, China, and Pakistan, from where themoney was transferred to ISIS fighters in Syria.
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According to official reports, Shahnaz quit her job as a lab technician ata Manhattan hospital in June and obtained a Pakistani passport. A monthlater she was caught during an attempted to get on a flight at John F.Kennedy International Airport with the alleged intentions to leave theUnited States and join ISIS.
