⏱ 2 min read
Nnamdi Opara, a 31-year-old Woburn man, was involved in a bank fraud and money laundering scheme that stole $700,767 in US Treasury checks in Massachusetts. Opara pleaded guilty to the crimes and was sentenced to 10 months in prison. The scheme involved Opara wrongfully obtaining two US Treasury checks issued to a New York entity, then establishing a company with the same name in Massachusetts to deposit the checks. The crime occurred between June 2025 and September 2025, with Opara arrested in June 2025 as part of an investigation into the theft of US Treasury tax refund checks.
Opara’s scheme was elaborate, with him serving as the President, Treasurer, Secretary, Vice President, Director, and Registered Agent of the Massachusetts-based company. He deposited the US Treasury checks into an account he controlled, despite the company never filing a federal tax return. Opara also conducted multiple illegal monetary transactions to conceal the source of the funds from the stolen Treasury checks.
The investigation into Opara’s scheme was conducted by the Internal Revenue Service Criminal Investigation and the US Postal Inspection Service. The case was prosecuted by Assistant US Attorney Brian Sullivan of the Criminal Division. Opara’s sentencing was handed down by US District Court Chief Judge Denise J. Casper, who also ordered two years of supervised release following his prison term.
The outcome of the case demonstrates the efforts of law enforcement agencies to combat bank fraud and money laundering schemes. The sentence handed down to Opara serves as a warning to those who would engage in similar criminal activities. The investigation and prosecution of the case were led by United States Attorney Leah B. Foley, along with Thomas Demeo, Special Agent in Charge of the Internal Revenue Service Criminal Investigation, and Jason Buckley, Acting Inspector in Charge of the US Postal Inspection Service’s Boston Division.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: money laundering
- Location: MA
- Source: DOJ Press Release
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