A 40-year-old Nigerian, Adekunle Adetiloye, 40, has been sentenced to 17 years and 10 months imprisonment in North Dakota, United States for credit card fraud.

US Attorney Timothy Purdon said, “The sentence imposed on Tuesday should send a strong message to those who would seek to scam the citizens and businesses of North Dakota and the United States.

“We take the growing problem of foreign financial fraud seriously here and seeking justice for the victims of such crimes is a priority for our office.”

On February 16, 2011, Adetiloye pleaded guilty to participating in a scheme to defraud both financial institutions and individuals of money.

Adetiloye was living in Toronto, Canada before January 2005 until he was extradited to the US in May 2010. During that time, Adetiloye funded a lavish lifestyle by conducting, with others, a massive fraud scheme accomplished by executing tens of thousands of fraudulent acts against individuals, financial institutions, commercial data providers, merchants, commercial mailbox companies and state agencies.

Adetiloye’s scheme compromised the personal and private information of approximately 38,000 American citizens. The scheme involved tens of thousands of acts of illegal conduct throughout the US, as well as in Canada and England.

Adetiloye and his co-conspirators fraudulently obtained the personal identification information from commercial data providers, such as LexisNexis and ChoicePoint, and with that information assumed the identities of those unsuspecting people to open credit card and other bank accounts at US bank and 20 other banks across the US.

He used well over 100 different mail box addresses throughout the United States as well as approximately 100 different phone numbers with area codes representing all parts of the US.


http://www.punchng.com/news/world/credit-card-fraud-nigerian-jailed-for-17-years-in-us/