A New York man accused of providing $7,000 to a Connecticut man who tried to set off a bomb in Times Square last year has pleaded guilty to a charge that he conducted an unlicensed money transmitting business.

Mohammad Younis, of Centereach, entered the plea in federal court in Manhattan on Thursday.

Authorities say Younis admitted to FBI agents that he gave an individual $7,000 several weeks before Faisal Shahzad drove a vehicle to Times Square and tried to set off a bomb. It produced smoke but never exploded.

Shahzad was arrested as he tried to flee the country. He pleaded guilty and is serving a life prison sentence.

Younis is scheduled to be sentenced Nov. 30.