Collin County residents among 23 charged with fraud scheme
Plano Star Courier (TX)
A federal grand jury in Sherman has returned a two-count indictment charging 23 individuals in a fraud scheme in the Eastern District of Texas, announced Acting U.S. Attorney Nicholas J. Ganjei on Friday. The indictment, returned on Sep. 8, charges multiple individuals with conspiracy to commit wire fraud and conspiracy to commit money laundering. The indictment remained sealed until last week, when the defendants were arrested and arraigned."The criminal conduct alleged in this case is sophisticated in its means, expansive in its scope, and callous in its aims," Ganjei said. "The indictment alleges a scheme where all manner of fraud-including romance and investment scams-was unleashed on an unsuspecting American public, including the elderly and most vulnerable, with the ill-gotten gains syphoned off and funneled overseas. The amount of loss, both financial and emotional, alleged in this case is nothing short of staggering."According to the indictment, beginning around January 2017, the defendants used a multitude of fraudulent schemes to obtain money from their victims, including online romance scams, business email compromise and investor fraud and unemployment insurance fraud. The indictment further alleges that the defendants not only coordinated how to extract money from their victims, but how to disguise, disburse and launder that money once they successfully defrauded their victims. Allegedly, the defendants obtained at least $17 million from at least 100 individual victims, companies and government entities from across the world. The defendants are alleged to have specifically targeted elderly persons and used various schemes such as online dating sites to lure their victims. The indictment charges that once they fraudulently obtained funds from their victims, the defendants laundered the money through a network of various bank accounts and sent money to bank accounts, co-conspirators and businesses located in Africa and Asia.Indicted individuals that have been arrested include:Kingsley Ita, aka "Baron" "Sifk," 42, of Dallas;Irabor Fatarr Musa, aka "Fatai" "Head JJ," 51, of Richardson;Solomon Esekheigbe, 48, of Katy;Sandra Iribhogbe Popnen, aka "General," 46, of Allen;Edgal Iribhogbe, aka "Oseme," 50, of Allen;Damilola Kumapayi, aka "Luke Morris," 33, of Dallas;Ehiedu Onyeagwu, aka "Young," 58, of Rosedale, Maryland;Mathew Okpu, 57, of Temple Hille, Maryland;Benedicta Atakare, 46, of Temple Hills, Maryland;Segun Adeoye, 47, of Pearland;Chidindu Okeke, aka "Steve," 28, of Richmond;Ngozi Okeke, 47, of Katy;Nosoregbe Asemota, aka "Patrick Asemota," 46, of Melissa;Chigozi Ekwenugo, 53, of Grand Prairie;Bukola Obaseki, 48, of Allen;Stella Hadome, 43, of Allen;Jequita Batchelor, 37, of Farmers Branch;Osaretin Eghaghe, aka "Biggie," 37, of Plano;Ejiro Ohwovoriole, 29, of McKinney;Isaac Asare, aka "Asarko," 48, of Houston;Gold Ude, 44, of Wylie;Henrietha Oziegbe, 23, of Lexington, Kentucky; andKingsly Oziegbe, 25, of Edinburg.The indictment unsealed Friday in the Eastern District of Texas complements indictments unsealed in the Northern District of Texas, which charged 11 defendants (including one also charged in the Eastern District of Texas) with a variety of financial crimes.If convicted, defendants face up to 20 years in federal prison.
AspenHR Announces Partnership with Aetna
The Most Useful Tips For Saving Money On Auto Insurance
Advisor News
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsAnnuity News
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity NewsHealth/Employee Benefits News
Life Insurance News