A court in the Western District of Texas on Wednesday sentenced Canada-based Nigerian, Olumide Bankole Morakinyo, to eight years in prison for conspiracy and money laundering.

He is also expected to refund $975,863 to the multiple victims of his crime.

According to the United States Attorney’s office, 38-year-old Morakinyo conspired with one Lukman Aminu to create illegal accounts for participants on the online portal of the Texas Employees Retirement System.

The court document, obtained by our correspondent, revealed that the duo used bank deposit information in the system to re-route pension payments to accounts controlled by Aminu.

With the physical debit cards of those accounts, Aminu withdrew the money and transfered or deposited the cash at Morakinyo’s directions.

“This defendant’s scheme and those like it victimise our most vulnerable citizens and cost taxpayers billions each year.

“Our office will use all of the available legal tools to identify and bring to justice those who commit cyber-enabled fraud and launder the proceeds,” U.S. Attorney Ashley Hoff said.

Source: https://punchng.com/american-court-jails-canada-based-olumide-morakinyo-for-cyber-fraud-to-refund-975863/?amp

Like this like this, shey dem never spoil this abroad finish?
Every fraudulent activities by Nigerians abroad increases the chances of visa denial for intending applicants

Oops, deal gone wrong

One of those people wey dey try block road for JAPAni people

Some folks are hell bent on tarnishing the country's reputation in terms of fraud.

Only God can help this country as every tribe is well represented in this continuous destruction of Nigeria. Drugs to the East, cyber fraud to the West and let's not forget the terrorist Northerners...

Yoruba Christian

Just dump the guy in the deepest part of the sea with a car engine hung on his neck!
#CriminalMinds

KillMNKnow:
Yoruba Christian

Keep quiet, ab0ki man! He's a Nigerian, simple!

Say NO to tribalism!

Even all the people in my kingdom except OSU will ignore his tribe and attack the crime.