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Man arrested in Federal Reserve terror plot

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Posted at 3:43 PM, Oct 17, 2012
and last updated 2012-10-17 15:43:21-04
NEW YORK (CNN) — Federal authorities running a sting operation have arrested a man who they say was planning to blow up the Federal Reserve Bank of New York in lower Manhattan, according to a federal law enforcement source with knowledge of the investigation.

The suspect is expected to make an initial court appearance Wednesday at a federal courthouse in Brooklyn, the source said.

The circumstances of the arrest are not yet clear.

A separate law enforcement source said the public was not in danger because the suspect never acquired the necessarily material for an attack.