Yahoo Plus! Nigerian Student Jailed For 4 Years In The US Over $3.7m Internet Fraud

at 09:54 AM, 20/10/2017 (8 months ago)
(11816 | Hero) (m)

A Nigerian man alleged to be the king of internet fraud, Amechi Colvis Amuegbunam has been arrested and convicted for $3.7 million fraud by the United States Federal Bureau of Investigation, FBI through the help of the Economic and Financial Crimes Commission. Before his arrest, Amuegbunam engaged in high profile Business E-mail Compromise, BEC, fraud in Dallas, Texas. Acknowledging the help of the EFCC, the FBI said that the “intelligence obtained by the EFCC and provided to the FBI via Mutual Legal Assistance Treaty” was instrumental in identifying the BEC scheme and Amuegbunam’s specific role.
“The Dallas field Office, Legal Attaché Office, and both the FBI’s Criminal and Cyber Divisions are extremely appreciative of the EFCC as a joint partner in the pursuit of global justice for the many victims of these BEC related crimes”.
 Amuegbunam, 30, who was on a student visa in the US was sentenced to 46months imprisonment and ordered to pay $615, 555.12 in restitution for his role in BEC scheme that caused $3.7million loss to US companies. The convict and other individuals were said to have between November 2013 and August 2015 sent fraudulent emails to companies in the Northern District of Texas and elsewhere containing misrepresentations that caused the companies to wire transfer funds as instructed on a pdf document that was attached to the email. Investigation into the crime followed reports by two companies in the Dallas Fort Worth area to the FBI Dallas Office that they had received targeted spear phishing emails allegedly from a top executive at a company authorising the company’s accounting department to make financial transfers for the company, a source that was traced to Amuegbunam. After complying with the spear-phishing email instructions to transfer funds, the companies became victims of the BEC scheme.
ruthie at 11:17 AM, 20/10/2017 (8 months ago)
(16769 | Hero) Online (f)
HIS ASS DESERVES TO BE IN JAIL FOR A DARN LONG TIME
Reply
kixme at 12:55 PM, 20/10/2017 (8 months ago)
(2191 | Gistmaniac) (m)
US Over $3.7m... na small money na for that long term jail...
Reply
gogoman at 03:32 PM, 20/10/2017 (8 months ago)
(31897 | Addicted Hero) (m)
JAIL TIME!!
Reply
kaposky at 03:41 PM, 20/10/2017 (8 months ago)
(1700 | Gistmaniac) Online (m)
Quote from: kixme on 12:55 PM, 20/10/2017
US Over $3.7m... na small money na for that long term jail...
NA SO BRO, REAL SMALL MONEY INDEED BROS, MEN ARE AIMING TO GET MORETHAN THAT
Reply
fineboy77 at 04:39 PM, 20/10/2017 (8 months ago)
(7217 | Gistmaniac) Online (m)
Igbos aiming high through the good,the bad and the ugly. Abeg make we take am easy,hardwork pays
Reply
james987 at 02:32 AM, 22/10/2017 (8 months ago)
(6482 | Gistmaniac) (m)
Ah e no dey flow forever na.. When pocket dun full,switch to legit. No long thing. Sufferings are lessons for those who don't want to learn.
Reply

LATEST COMMENTS

  1. favourita on: Exclusive Details Of How Dbanj Son, Daniel Drowns In His pool While He Was Away At BET Awards
    May God give dem d heart to bear the lost : :(... 1 min ago ago
  2. fineboy77 on: Commotion As Gunmen Storm Community, Disappear With Wife Of Traditional Ruler And Driver In Ondo
    May God help us in that country......abi zoo?... 1 min ago ago
  3. fineboy77 on: Popular Nigerian Singer, Falz Blasts PMB Over Plateau Killings
    nothing more to say,Nigeria is a failed state,division is now ultimate... 2 mins ago ago
  4. fineboy77 on: May God Forgive Nigerians Ungrateful To My Father - Gumsu Abacha Prays For Nigerians
    just negodu... 4 mins ago ago
  5. favourita on: False Allegations: Police Offer N1 Million Reward For Information On 'Masked Lady'
    Criminals dey look for fellow criminals ;D idiot fellows ::) ::) ::)... 4 mins ago ago