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HARRISBURG – A Canadian Man’s Decade-Long Scam
A former Canadian MoneyGram and Western Union agent has been sentenced to 60 months in prison for his role in a massive consumer fraud scheme that targeted hundreds of Americans, reports Grimy Times.
Alex Mgbolu, 45, of Toronto, Canada, was sentenced by Chief United States District Court Judge Christopher C. Conner on February 23, 2017, for conspiring to defraud American citizens out of more than $2.1 million.
According to United States Attorney Bruce D. Brandler, Mgbolu pleaded guilty in August 2016, to conspiracy to commit mail fraud, wire fraud and money laundering. Mgbolu conspired with Chima Nneji, William Nneji, and other unnamed individuals between July 2002 and May 2010, to commit the crimes.
Mgbolu was the owner/operator of a Western Union agency called FA CAM Associates (FA CAM) and a MoneyGram agency also known as FA CAM. Both agencies were located in Toronto, Canada. Between July 2002 and May 2010, international mass marketing fraudsters allegedly instructed hundreds of consumer fraud victims across the United States to send Western Union and MoneyGram money transfers to Canada where the transfers were paid out by Mgbolu at FA CAM.
As a Western Union agent, Mgbolu paid out 213 money transfers totaling $453,119 that were reported by the senders as having been fraud induced. As a MoneyGram agent, Mgbolu paid out 67 transfers totaling $149,723 between August 2006 and September 2007 that were reported by the senders as having been fraud induced.
Mgbolu’s co-defendant, Chima Nneji, was sentenced to 45 months imprisonment and ordered to pay $381,729 in restitution. Another co-defendant, William Nneji, remains a fugitive from justice.
The case was investigated by the Harrisburg Office of the U.S. Postal Inspection Service and the Toronto Police. Mgbolu was extradited to the United States from Canada. He was ordered to pay $1,372,602 in restitution, along with his co-defendant Chima Nneji.
Key Facts
- State: Pennsylvania
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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