SCARS™ BREAKING SCAM NEWS: Nigerian Man Okechukwu Desmond Bags 11 Years Jail Term
Okechukwu Desmond Bags 11 Years Jail Term For Laundering Money For Black Axe Group In US
US$833,625 Will Be Paid Back To Victims
A Nigerian man sentenced to 11 years in U.S prison for international fraud, money laundering scheme coordinated by Black Axe group
As part of Amadi’s sentence, the court also entered a forfeiture order of $833,625 against him, representing the proceeds of the charged criminal conduct, and ordered Amadi to pay $1,358,500 in restitution to the victims.
A jury had found Amadi guilty on November 7, 2018.
According to the evidence presented at trial, Amadi worked with an international criminal organization based in Nigeria that defrauded dozens of victims across the United States with multiple schemes and then laundered the funds through a complex network of bank accounts.
The organization, known as the Neo Black Movement of Africa or the Black Axe Group, coordinated the fraud and money laundering activity around the globe via cells or “zones” in Nigeria, Canada, the United States, and elsewhere.
The Black Axe fraud schemes took several forms. Many of the organization’s victims were widowed or divorced elderly women. Conspirators posed as fake suitors on dating websites to develop relationships with the victims. They then convinced the women to wire money, often consisting of their retirement savings and cash taken out from home equities to bank accounts in the United States as part of a supposed investment opportunity.
The conspirators also defrauded title companies with fake cashier’s checks in phony real estate transactions.
The organization’s victims were instructed to wire their money into funnel accounts held by conspirators in the United States, known as “money mules,” and the funds were then quickly moved to other accounts in the United States and around the world before the victims could discover the fraud. Bank records presented at trial demonstrated that from 2012 to 2015, several millions of dollars in wire transfers were funneled into Black Axe accounts to be laundered.
Amadi, a real estate investor and insurance broker in Texas, used his own bank accounts to launder more than $833,000 in fraud proceeds that victims had sent to accounts controlled by his associate in the Dallas area. Amadi wired much of that money overseas, including to Canada and Nigeria, to promote the conspiracy and conceal the source of the funds.
This case was investigated by the FBI, with assistance from various federal and local law enforcement partners, including the Toronto Police Service (Ontario, Canada) and the Toronto Strategic Partnership. It was prosecuted by Assistant United States Attorneys Patrick Scruggs and Diego Novaes.
SCARS™ Team
A SCARS Division
Miami Florida U.S.A.
TAGS: Scam News, News About Scams, News About Scammers, Global Scamming News, Neo Black Movement of Africa, Black Axe Group, Nigerian Cartel, Scammer Cells, Restitution,
END
MORE INFORMATION
– – –
Tell us about your experiences with Romance Scammers in our Scams Discussion Forum on Facebook »
– – –
FAQ: How Do You Properly Report Scammers?
It is essential that law enforcement knows about scams & scammers, even though there is nothing (in most cases) that they can do.
Always report scams involving money lost or where you received money to:
- Local Police – ask them to take an “informational” police report – say you need it for your insurance
- Your National Police or FBI (www.IC3.gov »)
- The SCARS|CDN™ Cybercriminal Data Network – Worldwide Reporting Network HERE » or on www.Anyscam.com »
This helps your government understand the problem, and allows law enforcement to add scammers on watch lists worldwide.
– – –
Visit our NEW Main SCARS Facebook page for much more information about scams and online crime: www.facebook.com/SCARS.News.And.Information »
To learn more about SCARS visit www.AgainstScams.org
Please be sure to report all scammers HERE » or on www.Anyscam.com »
Legal Notices:
All original content is Copyright © 1991 – 2020 SCARS All Rights Reserved Worldwide & Webwide. Third-party copyrights acknowledge.
SCARS, RSN, Romance Scams Now, SCARS|WORLDWIDE, SCARS|GLOBAL, SCARS, Society of Citizens Against Relationship Scams, Society of Citizens Against Romance Scams, SCARS|ANYSCAM, Project Anyscam, Anyscam, SCARS|GOFCH, GOFCH, SCARS|CHINA, SCARS|CDN, SCARS|UK, SCARS Cybercriminal Data Network, Cobalt Alert, Scam Victims Support Group, are all trademarks of Society of Citizens Against Relationship Scams Incorporated.
Contact the law firm for the Society of Citizens Against Relationship Scams Incorporated by email at legal@AgainstScams.org
It’s awesome u get these lowlifes !