Prosecutors said that after traveling to Jordan to work with the Syrian American Medical Society, Shahnaz returned to the United States and applied for six credit cards, which she used to buy bitcoin and other cryptocurrencies. Some of that money came in the form of $63,000 in bitcoin and other crypto-currencies purchased with the credit cards, prosecutors said. Arraignment and detention documents released on Thursday showed that Shahnaz, a US citizen born in Pakistan, was arrested on Wednesday. She faces three charges of money laundering, including money laundering in support of a foreign terrorist organization, and is also charged with bank fraud. She faces up to 20 years in prison on each of the money laundering charges and up to 30 years for the bank fraud charge.

Source: The Express Tribune December 15, 2017 07:07 UTC