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Woburn Man Accused of $700K Treasury Check Scheme
BOSTON – Nnamdi Opara, 30, of Woburn, Massachusetts, is facing serious federal charges after allegedly pilfering $700,767 from the U.S. Treasury through a brazen tax refund check scheme. The Department of Justice announced today that Opara has been charged with two counts of bank fraud and five counts of money laundering, stemming from an ongoing investigation into the theft of U.S. Treasury checks across the state.
The feds say Opara unlawfully obtained two U.S. Treasury checks originally issued to AFGO Mechanical Services, Inc., a New York-based entity. But here’s where it gets slick. Opara didn’t just cash the checks; he allegedly established a shell company – also called AFGO Mechanical Services, Inc. – right here in Massachusetts. He then appointed himself to every position within the company: President, Treasurer, Secretary, Vice President, Director, and Registered Agent. A one-man show designed to look legit.
According to charging documents, Opara then deposited the stolen Treasury checks into an account he controlled, payable to his Massachusetts-based AFGO entity. The kicker? This Massachusetts AFGO never filed a single federal tax return. It was a ghost, a fiction designed to funnel stolen funds. The U.S. Attorney’s office alleges this entire operation was a calculated effort to steal from the Treasury and then cover his tracks.
If convicted on the bank fraud charges, Opara could face up to 30 years behind bars, five years of supervised release, and a $1 million fine. The money laundering charges carry a potential sentence of up to 20 years imprisonment, three years of supervised release, and a $500,000 fine – or twice the value of the stolen funds. However, sentencing will ultimately be determined by a federal district court judge, factoring in U.S. Sentencing Guidelines and relevant statutes.
The investigation was a joint effort by the U.S. Attorney’s Office, the Internal Revenue Service Criminal Investigation (led by Special Agent in Charge Thomas Demeo), and the U.S. Postal Inspection Service’s Boston Division (under Inspector in Charge Ketty Larco-Ward). Assistant U.S. Attorney Brian Sullivan of the Criminal Division is leading the prosecution.
It’s crucial to remember that the charges outlined in the charging document are allegations at this point. Nnamdi Opara is presumed innocent until proven guilty beyond a reasonable doubt in a court of law. Grimy Times will continue to follow this case and provide updates as they become available.
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Key Facts
- State: Massachusetts
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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