U.S. District Judge James Moody on Wednesday, April 10, sentenced 39-year-old Nigerian man Okechukwu Desmond Amadi, a/k/a Desmond Amadi, to 11 years and 3 months in federal prison for conspiracy to commit money laundering and money laundering.
As part of Amadi’s sentence, the court also entered a forfeiture order of $833,625 against him, representing the proceeds of the charged criminal conduct, and ordered Amadi to pay $1,358,500 in restitution to the victims.
A jury had found Amadi guilty on November 7, 2018. According to the evidence presented at trial, Amadi worked with an international criminal organization based in Nigeria that defrauded dozens of victims across the United States with multiple schemes and then laundered the funds through a complex network of bank accounts.
The organization, known as the Neo Black Movement of Africa or the Black Axe Group, coordinated the fraud and money laundering activity around the globe via cells or “zones” in Nigeria, Canada, the United States, and elsewhere.
The Black Axe fraud schemes took several forms. Many of the organization’s victims were widowed or divorced elderly women. Conspirators posed as fake suitors on dating websites to develop relationships with the victims. They then convinced the women to wire money, often consisting of their retirement savings and cash taken out from home equities to bank accounts in the United States as part of a supposed investment opportunity.
- Kano State Polytechnic (KANOPOLY) Announces Resumption Date Following Suspension of ASUP strike
- Osun State Polytechnic (OSPOLY) Iree School Fees Payment Deadline for ND I HND 1, HND II and NCE Students
- Open Heaven 12th June 2021 RCCG Daily Devotional (Be A Good Under-Shepherd)
- Apply for Assistant Teachers at a Top School
- Apply for Intensive Care Nurse at Kaduna State Ministry of Health
Npower4 days ago
Document For Physical Verification of Pre Selected N-power Candidate.
Nigeria News5 days ago
Apply for Bank of Agriculture loan | Application Requirements and Procedure
Religion7 days ago
Open Heaven 6th June 2021 RCCG Daily Devotional (Identify Your Enemies 1)
Npower5 days ago
Npower Batch C, Stream 1 Physical Verification/Deployment to Commence…
Scholarship5 days ago
Moroccan Scholarships 2021 for African Youth to Study at the EuroMed University of Fes
Religion6 days ago
Open Heaven 7th June 2021 RCCG Daily Devotional (Identify Your Enemies 11)
Religion3 days ago
Open Heaven 10th June 2021 RCCG Daily Devotional (Blessed Fruitfulness)
Opportunities5 days ago
Apply For: Junior Achievement Nigeria Venture in Management Program (ViMP) 2021.