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NY man charged with funding Times Square bomber

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A businessman 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 US 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. (AP)

 

 

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