US Government Arraigns Another 11 Nigerians Over $6 Million Fraud, Each Risks 30-Years Jail Term

June 29, 2020
150 Views

The United States of America has arraigned 11 Nigerians over $6 million alleged bank fraud between June 2016 and March 2020.

According to a statement by the US Attorney’s Office, District of New Jersey, the defendants are Sulaiman Dosunmu, 39; Tunde Adeowo, 40; Muritala Adeowo, 55; Ayanniyi Alayande, 47; Ahmmed Ponle, 41; Margiettu Kamu, 34; Rafiat Sarumi, 36; Babatunde Oke, 40; Adekunle Owolabi, 49; Olayinka Olaseinde, 42; and Olugbenga Oyedele, 47.

The were were charged for their alleged roles in a conspiracy to commit bank fraud in Southern New Jersey and Southeastern Pennsylvania over the course of four years, US Attorney, Craig Carpenito said.

The suspects, said to have swindled hundreds of victims through accounts domiciled in American banks including Wells Fargo, were arraigned on multiple counts such as fraud, forgery, amongst others.

“The defendants are allegedly members of a Nigeria-based, multi-layered organisation that engaged in a massive bank fraud conspiracy in several states, including New Jersey, Pennsylvania, Maryland and Rhode Island, between June 2016 and March 2020.

“Members of the group stole numerous business checks from the United States mail, altered the payee on the checks to a fraudulent name and deposited the checks in bank accounts that had been opened with forged foreign passport documents and fraudulent US visas that matched the names on the stolen checks.

“Members of the organisation have used over 400 fraudulent accounts with fake identity documents to defraud the banks.

“The organisation also laundered the proceeds of the fraud by several means, including using debit cards to purchase money orders from third-party stores and using those money orders to purchase used automobiles from different automobile auction companies in Pennsylvania.

“The vehicles were then exported to Nigeria and other countries in Africa to launder the stolen funds and to increase profits by selling the vehicles at the higher market values obtained for vehicles in these foreign countries,” the charge sheet partly read.

It was gathered that each of the suspects risks a penalty of 30 years in prison and a fine of $1m if found guilty.

This is coming barely two weeks after the United States indicted six Nigerians for their alleged involvement in a fraud scheme that stole more than $6 million from US citizens.

You may be interested

BREAKING: FG Takes Action Against Those Who Reportedly Helped Binance Executive Escape From Custody
News
2 views
News
2 views

BREAKING: FG Takes Action Against Those Who Reportedly Helped Binance Executive Escape From Custody

Webby - March 25, 2024

The federal government has frowned on the negligence of those who were in charge of the custody of Binance Executive,…

9 Killed, Houses, Barns And Farmlands Razed In Plateau Communal Clash
News
4 views
News
4 views

9 Killed, Houses, Barns And Farmlands Razed In Plateau Communal Clash

Webby - March 25, 2024

There was a communal clash between the Montol and Taroh ethnic groups in the Ponglong community, Mikang Local Government Area…

BREAKING: NSA Reveals How Binance Executive Escaped, Launches Hunt To Capture Him
News
2 views
News
2 views

BREAKING: NSA Reveals How Binance Executive Escaped, Launches Hunt To Capture Him

Webby - March 25, 2024

The National Security Adviser, Mal. Nuhu Ribadu, has confirmed the escape of Nadeem Anjarwalla, a suspect in the ongoing criminal…

Leave a Comment

Your email address will not be published.