A Bangladeshi man pleaded guilty Thursday to attempting to use a weapon of mass destruction in what authorities called a plot to blow up the New York Federal Reserve Bank. He faces up to life in prison under a plea agreement.

Quazi Mohammad Rezwanul Ahsan Nafis, 21, was arrested on Oct. 17 after pulling up to the Federal Reserve near Wall Street and attempting to detonate what he believed to be a 1,000-pound (454-kg) bomb hidden in a van. Instead, he was carrying inert materials planted by an undercover FBI agent as part of a sting operation.

“I no longer support violent jihad. I deeply regret my involvement in this case,” Nafis said at the hearing.

Nafis had also been charged with a count of attempting to provide material support to a U.S.-designated foreign terrorist organization, al Qaeda. Nafis’ lawyer said that charge would be dropped at sentencing under the plea agreement, which sets a sentencing range between 30 years and life.

Sentencing was set for May 30.

According to a criminal complaint unsealed in October, Nafis entered the United States in 2012 with a student visa, and eventually traveled to Queens, New York.

There, he scouted targets for a potential attack – including the New York Stock Exchange and U.S. President Barack Obama – settling eventually on the Federal Reserve Bank in Manhattan, the complaint said.

Nafis attempted to recruit others to his plot, and discussed his plans over social media sites such as Facebook, the complaint said. He claimed he was in contact with al Qaeda operatives overseas and actively sought out new al Qaeda connections in the United States, the complaint said.

One of the individuals he brought onboard was an undercover agent working for the FBI, who monitored Nafis’ activities and helped arm him with the inoperable explosives, federal authorities said.

From Bangladesh, the suspect’s father has denied his son was involved and said he was the victim of a “racist conspiracy.”

(Reuters)