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.