Collin County residents among 23 charged with fraud scheme - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 28, 2021 Newswires
Share
Share
Post
Email

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.

Older

AspenHR Announces Partnership with Aetna

Newer

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 News

Annuity 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 News

Health/Employee Benefits News

  • Franklin County Seeks Case Aide for Children and Youth Services
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
  • WNY urology practice plans ‘fresh start’ outside Kaleida, with insurance questions ahead
  • This Edina doctor isn’t dead, no matter what UnitedHealth told you
  • Healthcare workers see rising insurance costs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
  • Florida suspends Atlantic Coast Life from writing policies in the state
  • U.S. News & World Report Announces Winners of the 2027 Life Insurance Companies Awards
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.