Man arrested in plot to blow up Federal Reserve bank in New York
The Federal Reserve Bank in New York was the apparent target of a terror plot, officials said Wednesday.
October 17th, 2012
04:08 PM ET

Man arrested in plot to blow up Federal Reserve bank in New York

Editor's note: Quazi Mohammad Rezwanul Ahsan Nafis, a 21-year-old man, has been arrested on suspicion of planning to blow up the Federal Reserve Bank of New York, federal officials said. Authorities say he attempted to detonate what he believed was a 1,000-pound bomb. Below are major developments as we received them. Read the full story here.

Quazi Mohammad Rezwanul Ahsan Nafis, 21, of Bangladesh, is accused of planning a terrorist bombing in New York.

[Posted at 6:06 p.m. ET] Nafis, wearing street clothes and represented by a public defender, was arraigned a little while ago during a five-minute hearing in a New York courtroom. No bail application has been made. Prosecutors will have 30 days to officially indict him.

The public defender said she would not comment to reporters. Nafis will be held for now at the Metropolitan Detention Center in Brooklyn, U.S. attorneys say.

[Posted at 4:18 p.m. ET] Paul J. Browne, deputy commissioner of the New York City Police Department, released the following statement on the alleged plot:

"Whether al -Qaeda operatives like (2003 Brooklyn Bridge suspect) Iyman Faris or those inspired by them like (2011 suspect in bomb-making case) Jose Pimentel, terrorists have tried time and again to make New York City their killing field. We're up to 15 plots and counting since 9/11, with the Federal Reserve now added to a list of iconic targets that previously included the Brooklyn Bridge, the New York Stock Exchange, and Citicorp Center.

After 11 years without a successful attack, it's understanding if the public becomes complacent. But that's a luxury law enforcement can't afford.

Vigilance is our watchword now and into the foreseeable future. That's why we have over 1,000 police officers assigned to counter-terrorism duties every day, and why we built the Domain Awareness System. I want to commend the NYPD detectives and FBI agents of the Joint Terrorist Task Force for the work they did in the case and in other ways every day to help New York City safe from terrorists."

[Posted at 4:08 p.m. ET] U.S. Attorney Loretta E. Lynch from the Eastern District of New York made the following statement regarding the alleged terror plot attack:

"As alleged in the complaint, the defendant came to this country intent on conducting a terrorist attack on U.S. soil and worked with single-minded determination to carry out his plan.

The defendant thought he was striking a blow to the American economy. He thought he was directing confederates and fellow believers. At every turn, he was wrong, and his extensive efforts to strike at the heart of the nation’s financial system were foiled by effective law enforcement.

We will use all of the tools at our disposal to stop any such attack before it can occur. We are committed to protecting the safety of all Americans, including the hundreds of thousands who work in New York’s financial district.

I would like to thank our partners at the FBI, NYPD, the other agencies who participate in the JTTF, and the Department of Justice’s National Security Division, for their hard work on this important investigation. I would also like to thank the security teams at the New York Federal Reserve Bank and the New York Stock Exchange for their assistance."

[Posted at 4:08 p.m. ET] Nafis appeared to have had a back-up plan.

He met an undercover agent that supplied him with what he thought were explosives on Wednesday morning. After meeting up, they both traveled in a van to a warehouse, the Justice Department said.

That’s apparently when Nafis told the agent he had a "Plan B."

If Nafis felt his attack was about to be thwarted by cops, he would invoke the back-up plan, which involved a suicide bombing operation, the criminal complaint alleges.

When the pair arrived at the warehouse, Nafis began putting together what he thought was a 1,000-pound bomb inside the van. Then they drove together to the target: The New York Federal Reserve Bank. As they drove, he armed the purported by putting together the detonator and the explosives, the criminal complaint says.

The van was then parked next to the bank. The pair went to a nearby hotel, where Nafis apparently recorded a video statement meant to be shown to the American public in connection with the attack.

"We will not stop until we attain victory or martyrdom," he said, according to the criminal complaint.

He then tried, several times unsuccessfully, to detonate the device, which was actually inert explosives.

Nafis was then arrested.

A good portion of the sting operation was caught on tape, according to a source familiar with the investigation.

[Posted at 3:59 p.m. ET] The plot came to light as an FBI undercover agent posed as an al-Qaeda facilitator, federal authorities say.

Nafis asked the undercover agent for 50-pound bags of what he thought were explosives, and then worked on putting together an explosive device, according to prosecutors.

"Nafis purchased components for the bomb’s detonator and conducted surveillance for his attack on multiple occasions in New York City’s financial district in lower Manhattan," a Justice Department press release describing the criminal complaint said. “Throughout his interactions with the undercover agent, Nafis repeatedly asserted that the plan was his own and was the reason he had come to the United States."

[Posted at 3:56 p.m. ET] We now have some more detail about the plot to blow up the reserve bank from a press release that breaks down the criminal complaint filed against Quazi Mohammad Rezwanul Ahsan Nafis:

The Bangladeshi national allegedly came to the United States in January to carry out a terror attack on U.S. soil and said he had overseas connections to al-Qaeda. As he attempted to recruit others to join his cell, he tried to recruit someone who turned out to be an FBI source, the criminal complaint says.

Nafis initially had a few targets in mind, according to the complaint, including  "a high-ranking U.S. official and the New York Stock Exchange." In the end, Nafis settled on the New York Federal Reserve Bank, federal officials said.

"In a written statement intended to claim responsibility for the terrorist bombing of the Federal Reserve Bank on behalf of al-Qaeda, Nafis wrote that he wanted to 'destroy America' and that he believed the most efficient way to accomplish this goal was to target America’s economy," the Justice Department press release said. "In this statement, Nafis also included quotations from 'our beloved Sheikh Osama bin Laden' to justify the fact that Nafis expected that the attack would involve the killing of women and children."

The "explosives that he allegedly sought and attempted to use had been rendered inoperable by law enforcement and posed no threat to the public," according to a statement from U.S. Attorney Loretta E. Lynch.

[Posted at 3:41 p.m. ET] Quazi Mohammad Rezwanul Ahsan Nafis, 21, was arrested for allegedly attempting to detonate what he thought was a 1,000-pound bomb at the Federal Reserve Bank of New York in Manhattan, the Department of Justice and a U.S. attorney's office said in a press release.

He will be charged with attempting to use a weapon of mass destruction and attempting to provide material support to al-Qaeda, the press release said.

[Posted at 3: 40 p.m. ET] A man has been arrested for planning to blow up the Federal Reserve Bank of New York, according to a federal law enforcement source with knowledge of the investigation.

The man was arrested as part of a string operation conducted by the FBI and NYPD as part of the Joint Terrorism Task Force, a federal law enforcement source said.

"Attempting to destroy a landmark building and kill or maim untold numbers of innocent bystanders is about as serious as the imagination can conjure. The defendant faces appropriately severe consequences," FBI Acting Assistant Director Mary Galligan said in a statement. "It is important to emphasize that the public was never at risk in this case, because two of the defendant’s ‘accomplices’ were actually an FBI source and an FBI undercover agent. The FBI continues to place the highest priority on preventing acts of terrorism."

soundoff (747 Responses)
  1. sankar

    should be fun to watch him press the detonator waiting for the bomb to explode.

    October 17, 2012 at 4:50 pm | Report abuse |
  2. mwhyt

    A terror plot averted
    A terrorist in custody
    and we are making this political. How about a "good job" to the people who duped this terrorist and be thankful that our citizen are not dead.

    Are we so full of hate for our own country that we can't agree that people not dying in a terrorist plot is not completely a good thing.

    October 17, 2012 at 4:50 pm | Report abuse |

    Comment removed by U.S. Governemnt

    October 17, 2012 at 4:50 pm | Report abuse |

      Comment removed by U.S. Government

      October 17, 2012 at 4:51 pm | Report abuse |
  4. Larry

    Gas prices are going down now. The reason they went up is because of increased demand in China and India, as well as the interruption in production during the Libyan crisis. The US government has no control over the price of a gallon of gasoline. We’ve been producing more oil in the last 4 years than in the last 20.

    October 17, 2012 at 4:50 pm | Report abuse |
  5. C

    And yet, we are still not allowed to do racial profiling ....

    Stop with this anti-racist crap. Look at the race of terrorists on US soil for past few decades. See a trend?

    October 17, 2012 at 4:50 pm | Report abuse |
    • mmmiller85

      Thank God they are ignoring the ignorant PC mandate and are still "profiling" or as it is more properly called- good police work!

      October 17, 2012 at 4:58 pm | Report abuse |
  6. That would be the way to go

    If it wasnt for US law enforcement, al-Queda would have no one to conspire with.

    October 17, 2012 at 4:51 pm | Report abuse |
    • Jack

      You have gotta to be kinda me!

      October 17, 2012 at 4:54 pm | Report abuse |
  7. ;p;

    What word would you like us to use instead? Do you have a special fluffy puppies and kittens word that would make it seem more palatable?

    Stay silent next time, bob.

    October 17, 2012 at 4:51 pm | Report abuse |
  8. Emigdio Alvarez

    another day, another terrorist in the can.

    October 17, 2012 at 4:52 pm | Report abuse |
  9. Tom

    Probably a Romney voter.

    October 17, 2012 at 4:52 pm | Report abuse |
  10. Dhulfiqar

    Sikh Temple shooter: Not aided by FBI. Aurora shooter: Not aided by police. NYPD recruits/provides fake explosives. New anti-terror victory!

    October 17, 2012 at 4:52 pm | Report abuse |
  11. Jack

    And how are you going to blame this one on the President of this time Limbaugh, Hannity and the rest of you Bubble heads!

    October 17, 2012 at 4:52 pm | Report abuse |
  12. popcorn

    When is increase INTEREST RATES or CUT INTEREST RATES coming?

    October 17, 2012 at 4:52 pm | Report abuse |
  13. Dhulfiqar

    Every single entrapment victim by FBI/NYPD has had mental/emotional issues, and the informant or undercover planned the whole "terror" plot. Or those lured by informants had major money problems. i.e. Newburg guy who needed transplant loot for little brother...

    October 17, 2012 at 4:53 pm | Report abuse |
    • mmmiller85

      You're an idiot!

      October 17, 2012 at 4:55 pm | Report abuse |
  14. mmmiller85

    Great work, FBI and other officials!! Someone should have martyred him on the spot!

    October 17, 2012 at 4:53 pm | Report abuse |
  15. +1 for Obama

    Bush had 9/11 and Obama has thwarted 11 attempted attacks...I'd love for him to get credit someday for national security.

    October 17, 2012 at 4:53 pm | Report abuse |
    • Mike Searcy

      Most were stopped under Bush. Nice try but FAIL.

      October 17, 2012 at 4:59 pm | Report abuse |
    • Reason Abel

      You are so naive my friend. You clearly don't realize that prior to 9/11 national security was not focused on terrorism as it is now. Bush put measures into place then that allowed President Obama to enjoy a "clean" record on terrorism. Had Bush not taken the flak for Guantanamo Bay, the Patriot Act and several wars then Obama would have seen more Americans dead.

      October 17, 2012 at 5:01 pm | Report abuse |
    • Nolol

      Obama hasn't "twarted" anything, the law enforcement agencies did. If you mean that the Obama government is directly responsible for the "twarted" plots, you are wrong again. The present government just inherited a system put in place after 9/11 to make the agencies work together to actually achieve results. This system took some time to go to full speed and we are seeing its effects now and since way before Obama.

      October 17, 2012 at 5:07 pm | Report abuse |
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