Kolawole Bamidele Akande, et al, Bank and Mail Fraud, North Dakota 2020
Three Nigerian Nationals Indicted for Bank and Mail Fraud in Dickinson, ND
BISMARCK, ND - A federal grand jury has indicted Kolawole Bamidele Akande, Olawale Sule, and Babatope Joseph Aderinoye on charges of bank and mail fraud, alleging they stole $348,000 from a Dickinson, ND company.
According to the indictment, the defendants participated in a complex computer intrusion scheme targeting a Dickinson company, which was defrauded out of approximately $348,000. The indictment alleges that the defendants fraudulently obtained checks from the Dickinson company through the mail and deposited these checks in fraudulently obtained accounts in financial institutions located within the State of Texas.
Once the funds from these checks were available for withdrawal and transfer, the defendants allegedly withdrew and transferred the funds to conceal and disguise their nature, location, source, and ownership.
'While the alleged financial scheme in this case is complex,' said U.S. Attorney Drew Wrigley, 'our investigative team has pieced this string of fraudulent acts together and we look forward to presenting our evidence in court.'
Olawale Sule, who was previously arrested on December 18, 2019, under a separate indictment for money laundering, had his arraignment held before United States Magistrate Judge Clare R. Hochhalter on February 28, 2020, in Bismarck, North Dakota.
The case is being investigated by the Federal Bureau of Investigation; United States Postal Inspection Service; Homeland Security Investigations, and the United States Attorney's Office in the Northern District and Eastern District of Texas, and is being prosecuted by Assistant United States Attorney Jonathan O'Konek.
The indictment in this case is not evidence of guilt. The defendants are presumed innocent unless or until proven guilty beyond a reasonable doubt at trial.
Mandatory Facts:
- Defendant: Kolawole Bamidele Akande, Olawale Sule, Babatope Joseph Aderinoye
- Criminal Charges: Conspiracy to Commit Bank Fraud, Conspiracy to Commit Wire Fraud, Conspiracy to Commit Mail Fraud, Conspiracy to Commit Money Laundering, Mail Fraud, Money Laundering
- City and State: Dickinson, ND
- Exact Date: February 10, 2020
- Sentence or Outcome: Currently pending trial
- Dollar Amounts: $348,000
Key Facts
- State: North Dakota
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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