Sunday, August 23, 2020 2:32 pm
As Nigerians still groan over the bad image created by Hushpuppy and his co-travellers in cyber crime, five citizens of the country, one of them resident in Canada, have landed in the soup over fraud. One of them, 50-year old Harry Cole or Akintomide Ayoola Bolu, or John King, or Big Bro, or Egbon! was, on Thusday, 20 August, extradited from Canada to the United States. According to a report by the US Department of Justice, he and his accomplices are to face federal charges for their alleged role in a fraudulent “sweepstakes” scheme with an intended loss in excess of $300 million.
The scammers: Akintola Akinmadeyemi; Austin residents Joel Calvin and Clarence Barefield (aka CJ); Mesquite, TX, resident Donna Lundy; Nigerian citizens and Canadian residents Emmanuel Olawale Ajayi (aka Wale, aka Walata), Tony Dada Akinbobola (aka Lawrence D Awoniyi, aka Boss Tony, aka Toyin) and Bolaji Akinwunmi Oyewole (aka BJ, aka Beejay).
Their Modus Operandi
According to US Justice Department, the defendants carried out their sweepstakes scheme from 2012 to 2016. “Cole allegedly purchased lists from Lundy of elderly potential victims and their addresses. He and other conspirators based in the Toronto, Ontario Canada metropolitan area sent packages containing fraudulent sweepstakes information to conspirators residing in the U.S. The packages contained thousands of mailers, which U.S.-based conspirators sent to victims notifying them that they had won a sweepstakes. Each mailer included a fraudulent check issued in the name of the victim, usually in the amount of $8,000, and a pre-addressed envelope. Victims were instructed to deposit the check into their bank account, immediately withdraw between $5,000 and $7,000 dollars in cash or money orders and send the money to a “sweepstakes representative” to facilitate the victim collecting his or her prize. By the time the victim was notified by the bank that the deposited check was fraudulent, the cash or money order had been sent by the victim and received by the defendants or conspirators. The intended loss from this scheme was over $300 million, with an actual loss of more than $900,000.”
The indictment also alleges that from June 2015 through June 2016, Emmanuel Ajayi led a Stolen Identity Refund Fraud (SIRF) scheme in which over 1,200 fraudulent Income Tax Returns were filed using stolen Personal Identifying Information (PII) requesting $25 million in tax refunds. “Ajayi used bank accounts involved in the sweepstakes scheme to receive refunds and funnel the money to conspirators in the U.S. An IRS analysis determined that this scheme resulted in the actual loss of approximately $3.4 million paid from the U.S. Treasury.
“In order to acquire the money generated by the Sweepstakes and SIRF schemes, the conspirators operated a money laundering conspiracy in the U.S. That conspiracy employed knowing and unknowing participants to conduct financial transactions with the goals of moving the proceeds from both fraudulent schemes outside of the U.S. without detection by law enforcement.
Ajayi’s other accomplices are: Akintola Akinmadeyemi; Austin residents Joel Calvin and Clarence Barefield (aka CJ); Mesquite, TX, resident Donna Lundy; Nigerian citizens and Canadian residents Emmanuel Olawale Ajayi (aka Wale, aka Walata), Tony Dada Akinbobola (aka Lawrence D Awoniyi, aka Boss Tony, aka Toyin) and Bolaji Akinwunmi Oyewole (aka BJ, aka Beejay).
With emphatic knocks on the table, John F. Bash, the U.S. Attorney John F. Bash has announced to other would be scammers: “If you defraud Americans, it doesn’t matter where you are in the world. The United States government will work tirelessly to find you, extradite you, and hold you accountable for your crimes.”
“Today’s extradition of Harry Cole demonstrates the power of the American judicial system,” IRS-CI Acting Special Agent in Charge Benton. “Despite the fact that Cole was living in Canada, special agents were able to track him because of our strong relationships with our international law enforcement agencies and bring him to justice.”
“HSI is committed to using our broad authority and global presence to bring international fugitives to justice,” said HSI Special Agent in Charge Folden. “Today’s extradition of Harry Cole demonstrates that HSI and our international law enforcement partners will be diligent in our efforts to locate and hold accountable those individuals who defraud U.S. citizens.”
“The U.S. Postal Inspection Service (USPIS) is charged with defending the nation’s mail system from illegal use, no matter where those crimes originate,” said USPIS Inspector in Charge Gonzalez. “This scheme targeted one of our country’s most vulnerable populations, the elderly. Postal Inspectors will continue to work tirelessly with our local, state and federal law enforcement partners to investigate these crimes and bring the perpetrators to justice.”
A federal grand jury indictment, as the US Justice department put it, returned in September 2018, “charges Cole with one count of conspiracy to commit wire fraud (Sweepstakes) and one count of conspiracy to commit money laundering. Each count upon conviction calls for up to 20 years in federal prison. Cole, who remains in federal custody pending his Initial Appearance in Austin, Texas tomorrow afternoon, is one of eight defendants charged in connection with this scheme.”
-With information from US Department of Justice