Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป Five Nigerians indicted for business email compromise schemes, money laundering
LATEST

Five Nigerians indicted for business email compromise schemes, money laundering

OsunDailyBy OsunDailyJuly 3, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Federal Bureau of Investigation (FBI)
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

Four Men Charged in a Superseding Indictment with Conspiring to Launder Funds from Various Fraud Schemes

A federal grand jury in Puerto Rico returned a superseding indictment charging four men with one count of conspiracy to launder funds from wire, mail, and access device fraud schemes. One defendant, Oluwasegun Baiyewu, was previously charged on Oct. 21, 2021.

According to court documents, Oluwaseun Adelekan 40, and Temitope Omotayo, 40, both of Staten Island, New York; Ifeoluwa Dudubo, 37, of Austin, Texas; and Temitope Suleiman, 37, and Oluwasegun Baiyewu, 37, of Richmond, Texas, conspired to launder funds from different international organized fraud schemes, including romance, pandemic relief unemployment insurance fraud, and business email compromise scams. These fraud schemes disproportionately impacted elderly or otherwise vulnerable Americans.

โ€œFraud that targets seniors is reprehensible, and money laundering networks like the one alleged in this case allow fraudsters to profit from their unlawful schemes,โ€ said Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice Departmentโ€™s Civil Division. โ€œThe department is committed to pursuing investigations and prosecutions of those who victimize the elderly and other vulnerable members of our community.โ€

โ€œThese charges reflect the Departmentโ€™s ongoing commitment to work with our law enforcement partners to identify and hold criminals accountable, especially those who prey on vulnerable victims,โ€ said U.S. Attorney W. Stephen Muldrow for the District of Puerto Rico. โ€œWe remain steadfast in our resolve to prosecute individuals who target seniors who have been victimized for far too long by individuals who hide in the shadows and in foreign nations to commit their crimes.โ€

โ€œCases like this demonstrate the FBIโ€™s commitment to protecting the American people and defending them against financial fraud schemes,โ€ said Executive Assistant Director Tim Langan of the FBIโ€™s Criminal, Cyber, Response and Services Branch. โ€œThe FBI will continue to hold anyone accountable who seeks to exploit vulnerable Americans, including the elderly.โ€

The superseding indictment alleges that in 2020 and 2021, the defendants worked together to profit from efforts to โ€œcleanโ€ money from scams involving victims, many of whom were older adults, in California, Illinois, Washington, and Nevada, and business email compromise schemes affecting victim companies in Puerto Rico and Missouri. After receiving the proceeds, the defendants or their co-conspirators conducted hundreds of transactions with the funds, including by obtaining cashierโ€™s checks and money orders, and then using the cashierโ€™s checks and money orders to purchase used cars that were shipped overseas to Nigeria.

Adelekan, Baiyewu, Dudubo, Omotayo, and Suleiman are charged with conspiracy to commit money laundering. If convicted, each defendant faces a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

The U.S. Postal Inspection Service, U.S. Department of Labor Office of Inspector General, and FBI San Juan Cyber Task Force are investigating this case, with assistance from the National Unemployment Insurance Fraud Task Force supporting the COVID-19 Fraud Enforcement Strike Force teams.

Trial Attorneys Emily C. Powers and Brandon Robers of the Justice Departmentโ€™s Consumer Protection Branch and Assistant U.S. Attorney Edwin G. Mercado for the District of Puerto Rico are prosecuting the case.


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
Business compromise Email Indicted Laundering Money Nigerians schemes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Buhari rallies support for Tinubu on second anniversary

May 28, 2025

Anti-Matawalle protests sponsored by Zamfara Govt – APC group

May 10, 2025

Gunmen kill three security personnel during attack on anti-banditry office in Jigawa

March 6, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.