An Indiana man, Tochukwu Nwosisi, was convicted in a federal court in Texas for his role in an international advance-fee scheme originating from Nigeria. The scheme defrauded victims of over $5.6 million.
Between February 2015 and January 2018, Nwosisi participated in a scam where victims worldwide were promised investment funding and inheritances. Co-conspirators in Nigeria convinced victims to make large wire payments to U.S. bank accounts under false pretenses. Nwosisi acted as a money launderer, receiving victim funds in his U.S. bank accounts and sending the proceeds to Nigeria.
Convicted of conspiracy to commit money laundering and concealment money laundering, Nwosisi faces a maximum of 20 years in prison for each count. Sentencing is scheduled for June 13.
The announcement was made by the Justice Department’s Criminal Division, U.S. Attorney for the Southern District of Texas, FBI Houston Field Office, and Department of State Office of Inspector General. The FBI and Department of State Office of Inspector General investigated the case.
Prosecutors include Trial Attorney Philip Trout of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Christian Latham for the Southern District of Texas.
SOURCE: JUSTICE GOV | MARCH 06 2024
