Audit finds that Yusuf Owolabi Abdul, a 45-year-old citizen of Nigeria and resident of Canada, was extradited to the United States from Germany on December 11, 2020, for his role in an international fraud and money laundering network.
According to the US Attorney’s Office for the Southern District of New York, Abdul was charged with one count of conspiracy to commit bank and wire fraud, which carries a maximum sentence of 30 years in prison; one count of conspiracy to commit money laundering, which carries a maximum of 20 years in prison; and one count of aggravated identity theft, which carries a mandatory sentence of two years in prison.
The scheme, which lasted from at least 2013 until 2018, involved the theft and laundering of victim funds, with Abdul and his co-conspirators using a telephone ‘spoofing’ service and other deceitful means to steal millions of dollars in victim funds.
Abdul is the fifth defendant charged in this case, and his case is assigned to US District Judge Katherine Polk Failla.
Abdul is expected to be presented before US Magistrate Judge Ona T. Wang on Monday, April 12.
Other defendants charged in this case include Alade Kazeem Sodiq, Abdulai Kennedy Saaka, Habeeb Audu, and Dominic Francis Labiran.
The U.S. Attorney’s Office for the Southern District of New York commended the FBI for its outstanding investigative work in this case.
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Key Facts
- State: New York
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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