HOUSTON – In a grim blow to cybercriminals, Tochukwu Nwosisi, 52, from Indianapolis, Indiana, has been sentenced to federal prison for his involvement in an international advance-fee scheme that bilked victims out of over $5.6 million.
The scam, which spanned from February 2015 to January 2018, involved fraudulent investment funding and inheritance offers. Nwosisi’s Nigerian co-conspirators duped victims into wiring large sums to U.S. bank accounts under the guise that these advance fees were necessary for the release of their promised funds.
After a six-day trial on March 4, a jury deliberated for just 45 minutes before convicting Nwosisi of conspiracy to commit money laundering and concealment money laundering. U.S. District Judge Alfred H. Bennett sentenced him to serve 36 months in federal prison followed by two years of supervised release. The court also ordered Nwosisi to pay $905,945 in restitution.
In his ruling, Judge Bennett emphasized that Nwosisi was a knowing participant in the scheme, stating, “Today is the day for accountability.”
The investigation was conducted by the FBI and Department of State – Office of Inspector General. Assistant U.S. Attorney Christian Latham and Trial Attorney Philip Trout of the Criminal Division’s Fraud Section prosecuted the case.
This sentence serves as a stark reminder that cybercrime knows no borders, and law enforcement agencies are committed to bringing those who engage in such schemes to justice.
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Key Facts
- State: Texas
- Agency: DOJ USAO
- Category: Drug Trafficking|Fraud & Financial Crimes|Cybercrime|Public Corruption|Weapons|Human Trafficking|White Collar Crime|Organized Crime
- Source: Official Source ↗
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