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18%  
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Keyword: hawaladar

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  • NY Man Nabbed for Financing Times Square Bomber

    09/15/2010 2:05:12 PM PDT · by La Lydia · 5 replies
    CBS News ^ | September 15, 2010
    A New York man was arrested Wednesday on charges that he unwittingly funded a Connecticut man's attempt to bomb Times Square on May 1 by providing unlicensed banking services, an arrest that continues an effort by federal authorities to reduce the illegal flow of money that can finance terrorism. Mohammad Younis, 44, was accused in an indictment in U.S. District Court in Manhattan of engaging in hawala activities, an informal banking system which relies on wire transfers, couriers and overnight mail. He was arrested at his Long Island home and brought to the courthouse, where he was expected to make...