Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Sunday, May 26, 2024 | Back issues
Courthouse News Service Courthouse News Service

Guilty Plea to Terror Financing

MANHATTAN (CN) - Abdul Tawala Ibn Ali Alishtari, a 56-year-old man from Ardsley, N.Y., pleaded guilty this morning to financing terrorism and conspiring to commit wire fraud, federal prosecutors said. Alishtari "facilitated the transfer of $152,000, with the understanding that the money would be used to finance training for terrorists," the U.S. Attorney's Office said in announcing the plea.

Alishtari "agreed to discreetly transfer these funds for an undercover officer, believing that the money was going to be used to purchase night vision goggles and other equipment for a terrorist training camp in Afghanistan" in 2006, the U.S. Attorney said in a statement.

Alishtari also pleaded guilty to "stealing millions of dollars" from a fraudulent investment program he ran called the Flat Electronic Data Interchange. He faces up to 20 years in prison for financing terrorism and 5 years for wire fraud. A sentencing date has not been announced.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...