BOSTON – A brazen scheme to pilfer U.S. Treasury funds has landed a Woburn man in federal court. Nnamdi Opara, 30, is facing serious charges of bank fraud and money laundering, stemming from an ongoing investigation into the theft of tax refund checks across Massachusetts. Opara was initially arrested in June 2025, but details of the elaborate fraud are now surfacing.
According to charging documents, Opara allegedly targeted checks issued to AFGO Mechanical Services, Inc., a legitimate entity based in New York. But instead of simply cashing the stolen checks, Opara allegedly created a near-identical company – AFGO Mechanical Services, Inc. – right here in Massachusetts. He then brazenly appointed himself to every key position within the Massachusetts-based AFGO: President, Treasurer, Secretary, Vice President, Director, and Registered Agent. A classic shell company maneuver.
The scheme unfolded when Opara allegedly deposited the fraudulently obtained U.S. Treasury checks, totaling a staggering $700,767, into an account controlled by his Massachusetts AFGO entity. Crucially, this Massachusetts AFGO had never filed a federal tax return, raising immediate red flags. Prosecutors allege this was a deliberate attempt to conceal the illicit source of the funds and avoid scrutiny.
But the fraud didn’t stop there. Opara is further accused of conducting a series of complex monetary transactions, meticulously designed to obscure the origins of the stolen Treasury funds. These transactions, according to investigators, were intended to launder the money and make it appear legitimate – a desperate attempt to cover his tracks.
If convicted, Opara faces a lengthy prison sentence. The bank fraud charges carry a potential penalty of up to 30 years imprisonment, five years of supervised release, and a $1 million fine. The money laundering charges could add another 20 years behind bars, with three years of supervised release and a fine of up to $500,000, or twice the value of the laundered funds. However, sentencing will ultimately be determined by a federal district court judge, taking into account U.S. Sentencing Guidelines.
The case is being prosecuted by Assistant U.S. Attorney Brian Sullivan of the Criminal Division, with collaborative efforts from United States Attorney Leah B. Foley, Thomas Demeo, Special Agent in Charge of the IRS Criminal Investigation, Boston Field Office, and Ketty Larco-Ward, Inspector in Charge of the U.S. Postal Inspection Service’s Boston Division. It’s vital to remember that the charges are allegations at this point, and Opara is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
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Key Facts
- State: Massachusetts
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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