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Three Nigerian men gets 235 years Imprisonment

(Left to Right): Rasaq Raheem, Oladimeji Seun Ayelotan, Femi Alexander Mewase


Three Nigerians were convicted in U.S. district court this week for carrying out an elaborate fraud scheme that spanned at least 16 years, the U.S. Department of Justice announced Thursday.

The trio who were extradited from South Africa to the Southern District of Mississippi in July 2015, were sentenced to prison this week for their roles in a large-scale international fraud network.

Oladimeji Seun Ayelotan, 30, was convicted of conspiracy to commit mail fraud, wire fraud, and bank fraud, conspiracy to commit identity theft, access device fraud, and theft of U.S. government funds, two counts of mail fraud, and conspiracy to commit money laundering. He was sentenced to 95 years in prison

Rasaq Aderoju Raheem, 31 was convicted of conspiracy to commit mail fraud, wire fraud, and bank fraud, conspiracy to commit identity theft, access device fraud, and theft of U.S. government funds, three counts of mail fraud, and conspiracy to commit money laundering. He was given 115 years behind bars.

Femi Alexander Mewase, 45, was convicted of conspiracy to commit mail fraud and wire fraud, and conspiracy to commit identity theft, access device fraud, and theft of U.S. government funds. He got 25 years imprisonment sentence.

A total of 21 defendants were charged in this case, 12 of whom have pleaded guilty to charges related to the conspiracy, and 11 of whom have been sentenced to date.

One of the leaders of the conspiracy, Teslim Olarewaju Kiriji, 30, was previously sentenced to 20 years in prison. Six other defendants – Adekunle Adefila, 41; Anuoluwapo Segun Adegbemigun, 40; Gabriel Oludare Adeniran, 30; Olufemi Obaro Omoraka, 27; Taofeeq Olamilekan Oyelade, 32; and Olusegun Seyi Shonekan, 34 – were previously sentenced to 10 years in prison each for their roles in the conspiracy.

Genoveva Farfan, 45, a U.S. citizen, was sentenced to 9 years in prison, and Rhulane Fionah Hlungwane, 26, from South Africa, got 5 years in prison for their roles in the conspiracy. Olutoyin Ogunlade, 41, was sentenced to four years in prison. Dennis Brian Ladden, 75, of Wisconsin was sentenced to time served and six months’ home confinement. Susan Anne Villeneuve, 61, of California, pleaded guilty earlier this month and is awaiting sentencing.

According to the plea agreements and evidence at trial, the defendants and their co-conspirators carried out numerous internet-based fraud schemes dating back at least to 2001. These schemes involved using unsuspecting victims to cash counterfeit checks and money orders, using stolen credit card numbers to purchase electronics and other merchandise and using stolen personal identification information to take over victims’ bank accounts. As a whole, the conspiracy involved tens of millions of dollars in intended losses.

To accomplish their fraud schemes, the conspirators recruited the assistance of U.S. citizens via “romance scams,” in which the perpetrator would typically use a false identity on a dating website to establish a romantic relationship with an unsuspecting victim. According to trial evidence and plea documents, once the perpetrator gained the victim’s trust and affection, the perpetrator would convince the victim to either send money or to help carry out fraud schemes. For example, the defendants admitted that they used romance victims to launder money via Western Union and MoneyGram, to re-package and re-ship fraudulently obtained merchandise and to cash counterfeit checks.

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Sacked PHCN Staff Electrocuted while doing illegal Connection

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Sacked PHCN Staff Electrocuted while doing illegal Connection

Sacked PHCN Staff Electrocuted while doing illegal Connection

A former staff of the Benin Electricity Distribution Company BEDC, in Agbor, Delta State, who was dismissed in 2009, was, on Tuesday, electrocuted in Agbor.

According to reports, the deceased, identified as Monday Ebor, was illegally working on high tension lines when electricity was restored.

Eboh who was wanted by BEDC for his illegal activities which destroyed many transformers, was said to be illegally diverting lines from one feeder to another when power was restored.

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United Kingdom Accepting Naira Payments from Nigerian Business Owners

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United Kingdom Accepting Naira Payments from Nigerian Business Owners

United Kingdom Accepting Naira Payments from Nigerian Business Owners

Former President of the Nigerian-British Chamber of Commerce (NBCC)Dapo Adelegan, has announced that the British Government will henceforth begin accepting Nigerian currency from Nigerian business owners in the UK.

Adelegan made the assertion in an interview on Wednesday in Lagos.

The British Government on February 9, through its export credit agency, UK Export Finance (UKEF), said it will accept Naira payments from Nigerian business owners trading with the UK.

Adelegan said that the initiative was a monumental step that will deepen trade, open more opportunities, expand patronage and market scope of products from both countries.

“If we look at the quality of manufactured equipment and technology; Made-in-Britain is number one.

“Through this, we will access technology transfer, boost the capacity of workforce and impact on our outputs of consumables and products in the market.

“It is a win-win situation that will go beyond procurement, as there are multiple layers of benefits that this will bring to the economy,’’ Adelegan said.

Joyce Akpata, Director-General, Nigerian-American Chamber of Commerce (NACC), also said the initiative will ease importation of goods from the UK to Nigeria and strengthen economic ties.

“The UK has the largest concentration of Nigerians in the diaspora and given cultural ties, it is something that should have happened before now,’’ Akpata said.

The director general said the initiative would improve knowledge sharing and technology transfer.

“We will see a lot of businesses in the UK supplying equipment and machinery backed by this finance to their Nigerian counterparts.

“This will enhance the activities of manufacturers, especially the growing SMEs that are into processing.

“It will also take off issues of foreign exchange challenges and instability in the market,’’ she said.

Akpata noted that the scheme would be a welcome opportunity for most Nigerian businesses that could not access financing locally.

She urged other countries, especially the United States, to take a cue from the UK to evolve initiatives that will assist businesses to maximise opportunities and strengthen trade ties.

Trade experts put the value of trade between Nigeria and the UK at about £8 billion, with oil and gas making up 60 per cent of the figure.

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South Africa’s Embattled President Jacob Zuma resigns

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President Zuma must face corruption charges - Supreme court rules

South Africa’s Embattled President Jacob Zuma resigns

The embattled President of South Africa, Jacob Zuma has resigned his office with immediate effect.

Zuma made the announcement in a televised address to the nation on Wednesday evening.

Earlier, Mr Zuma’s governing ANC party told him to resign or face a vote of no confidence in parliament on Thursday.

The 75-year-old has been under increasing pressure to give way to Deputy President Cyril Ramaphosa, the ANC’s new leader.

Mr Zuma, who has been in power since 2009, faces numerous allegations of corruption.

His resignation came at the end of a long speech in which he said he disagreed with the way the ANC had acted towards him.

He said he did not fear a motion of no-confidence, adding: “I have served the people of South Africa to the best of my ability.”

According to President Zuma, violence and division within the ANC had influenced his decision to step down.

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