FBI Arrest US-Based Nigerian Pastor, Edward Abiodun Over Multimillion-Dollar Internet Fraud

The FBI has arrested Nigerian Pastor Edward Abiodun Oluwasanmi for allegedly conspiring with Osun monarch, Oba Joseph Oloyede, to defraud the U.S. government of $4.2 million in COVID-19 relief funds.

Oluwasanmi, alongside Oloyede, allegedly submitted forged documents to apply for the loans intended to support struggling businesses during the pandemic.

Oluwasanmi used his three companies—Dayspring Property Incorporated, Dayspring Holdings, and Dayspring Transportation—to secure millions of dollars, which he later diverted for personal expenses, violating U.S. federal laws. The Nigerian pastor, who resides in the U.S., was indicted on a 13-count fraud charge and arrested in Cleveland in April. He was later released on $20,000 bail under the condition that he appear for trial and serve any prison sentence if convicted.

In September 2020, Oluwasanmi transferred approximately $221,880 to purchase commercial property on South Freen Road in South Euclid, Ohio. On October 26, 2021, he transferred $1 million in COVID-19 relief funds to his company, Dayspring Transportation’s brokerage account. Prosecutors have seized around $620,000 from Oluwasanmi, and they are seeking to forfeit that amount, along with other properties acquired through the fraudulent activities.

The FBI also seized $599,250 from his Dayspring Transportation account at Fidelity Investments and nearly $20,000 from his Dayspring Property account at Key Bank, both on April 5, 2024. To ensure his appearance in court, Oluwasanmi’s U.S. and Nigerian passports have been confiscated. His U.S. passport lists him as Edward Olanrewaju Abiodun Oluwasanmi, with passport number 58*****76, and his Nigerian passport number is A10****31.

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Posted: at 21-02-2025 07:31 AM (2 months ago) | Addicted Hero

Never allow someone’s wrong to lead YOU  to do wrong.

And using Gods name in vain to get COVID funds and then to use the money for HIS personal use  is WRONG.

Many Nigerians IN Nigeria lost their lives to COVID due to OUR poor medical services. Some of the stolen money would have helped save lives.

Be careful what you defend in life.

Posted: at 21-02-2025 08:07 AM (2 months ago) | Gistmaniac

I'm not one to defend crime but I take exception to anything Covid related. That was such a cruel disruption of normalcy at a time it did hit me hard. I cant tell my experiences concerning my businesses during that time on Social media, but just know that they were bad. Worse is that I know that Covid was a scam, so I started being sympathetic towards people that scammed the scammers.

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Posted: at 21-02-2025 09:16 AM (2 months ago) | Addicted Hero

SHALOM!

One of the means of getting rid of a dangerous person, who is too hi-profile to assassinate outright, is to feed them false information about the legality of a course of action they might take. For instance, Alfredo Bowman (aka Dr. Sebi,) was evidently told that it was quite all right to carry over $10,000 across borders. He was arrested, jailed, and dead in four months.

It would therefore be very easy to feed, say, a Pastor, false information to get him to incriminate himself, whereas he thought he was acting within his rights.

Posted: at 22-02-2025 12:06 AM (2 months ago) | Newbie