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.
Technology5 days ago
How to Link Your NIN Number with your Sim online, You don’t need to visit any Office
Technology5 days ago
How to Check If your NIN has been Successfully Linked (All Networks)
Religion6 days ago
Open Heaven 1st March 2021 RCCG Daily Devotional (The Vessel God Uses)
Technology6 days ago
Easy Way to Make Money In 2021
Nigeria News7 days ago
FAAN Training School Application Form 2021/2022 (How to Apply)
Recruitment5 days ago
NYIF Confirmation Email Verification Link: How to Validate Your BVN On NYIF Portal
Education5 days ago
JAMB Reveals Date to Announce 2021 UTME Sales of Form
Business5 days ago
How to Start Rice Distribution Business in Nigeria to Make Millions