EAST TEXAS (KLTV) -
When Delta Airlines international flight 9348 landed in November 2016 in New York, federal agents were waiting at the gate to arrest a Nigerian man accused of bilking East Texans and others out of nearly $1 million.
Fawaz Olarenwaju Animasaun, 27, is one of two people named in a federal indictment for charges of aggravated identity theft and conspiracy to commit bank fraud, as well as aiding and abetting.
He was traveling to the U.S. from Ghana, by way of Amsterdam, when he was arrested at the airport. Just a few weeks later, the 7-foot-1-inch tall Nigerian was an inmate at the Gregg County Jail awaiting his turn in a federal courtroom.
Under a plea agreement finalized in May, Animasaun is serving three years in prison
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Animasaun and his alleged accomplice Idowu Temitope Omolade, also from Nigeria, are believed to be involved in at least 21 fraudulent wire transfers between April and August of 2012.
And that may not be all.
A rare footnote made by a U.S. Attorney in the 21-page federal indictment reads, “Because the purpose of this complaint is to set forth only those facts necessary to establish probable cause to arrest, I have not described all the relevant facts and circumstances of which I am aware.”
The indictment says the purpose of the conspiracy was to “… unlawfully obtain money through unauthorized transfers of funds from bank accounts and brokerage accounts.”
To do that, the Nigerian men allegedly impersonated actual account holders in emails exchanged with banking and financial services personnel. In those email conversations, the indictment says the suspects “… harvested details about the target accounts, including account balances, and obtained wire transfer instructions.” With those details, the suspects were then able to initiate a wire transfer without the account holder’s knowledge or
Debra became the assistant vice-president and manager of energy lending of a Canadian Western Bank on January 31, 2006. Within a month Debra set up her embezzlement scam by creating two corporations that the embezzled funds would be funnelled too. Debra set up an account in a woman’s name using the woman’s GIC (guaranteed investment certificate) which was worth 8 million dollars. Debra started with 100,000 dollars in a line of credit using the woman’s name and increased it 6 times until the line of credit reached $950,0000 on November 6, 2007. Additionally, Debra arranged for 5 new accounts in the same woman’s name with a total deposit of $16.4 million. Debra made 72 unauthorized withdrawals from the fake account in the two year time frame of the scam. She kept the scam going by transferring money from the
Another cash larceny scheme that could have been committed was reversing transactions or revering entries. By stealing funds, Sachdeva and Mulvaney could have gone back into...
The Government 's evidence at trial showed that in June 1966 officials at the Manufacturers Hanover Trust Co. discovered that Taliento, a teller at the bank, had cashed several forged money orders. When interviewed by FBI agents, he admitted furnished the petitioner with one of the bank 's customer signature cards which was used by Giglio to forge $2,300 in money orders; Taliento then processed these money orders through the regular channels of the bank. When Taliento related this information to the grand jury, the petitioner was indicted; thenceforth, he was named as a co-conspirator with the petitioner; however, he was not
After being seized, CenTrust sold its deposits in June 1990, to Great Western Financial Corp., Beverly Hills, California. Mr. Paul, the former chairman and CEO of the failed CenTrust Savings Bank of Miami, was sentenced to 11 years in federal prison after being convicted in a jury trial of 68 fraud-related counts in US District Court in Miami involving the spectacular collapse of CenTrust at a cost of $1.7 billion to taxpayers, and for allegedly helping arrange the sham purchase of $25 million in CenTrust securities by Bank of Credit & Commerce International. The verdict followed a six-week trial. In all felony counts, most involving allegations that he siphoned $3.2 million from CenTrust and spent it on his 95-foot yacht, his homes in Miami, his luxuries, and elsewhere during the 1980s.
Con man, Neal Caffrey was arrested for bond forgery and theft. He was sentenced to four years. Neal escaped prison months prior to his release in order to look for
Madoff started the scheme by misleading his clients to think that he was an elite investor because he was on a vast amount of important boards. Many believed the scheme and invested billions of dollars with Madoffs company. He was able to achieve some of the scheming through running his investments through a different part of his business. This was a way for only him to see the investments and the financial reports behind the investments. Bernard Madoff involved people
Former treasure Ben Gilsan was charged with money laundering, fraud and conspiracy. He pleaded guilty in 2003 to one count of conspiracy to commit wire and securities fraud. He served a five-year sentence at a federal penitentiary in Beaumont, Tex and financial penalties of more then 1 million dollars. Gilsan famously described Enron as a “House of Cards”. Andrew Fastow pled guilty to one charge of conspiracy to commit wire fraud and one charge to of conspiracy to commit wire and securities fraud. He agreed to 10 years imprisonment and the forfeiture of 29.8
Mr. Byron Jaramillo was arrested in Buffalo, NY on May 30, 2017 during his vacation with friends. He was taken to the Buffalo Federal Detention Center to be deported immediately due to a prior deportation order.
When his demands were met, he escaped never to be seen again. Despite the countless hours of many investigations, the legendary hijacker under the alias “Dan Cooper” has yet to be revealed, and the mystery surrounding the whole ordeal haunts many who still wonder who this criminal is (“D.B. Cooper”).
This case illustrated that there were real consequences to white collar crime. In addition to paying the fifty million dollar fine, he relinquished another fifty million dollars of his illegal trading profits. (He still had millions remaining, however, from his illegal gains.) His actual prison sentence was three years, yet he served only twenty-two months in the federal prison at Lompoc, California, which was known to have a “country-club” atmosphere.
The second step is that the criminal must have designed to accomplish the final goal of the conspiracy when a person decides to commit the offense. The second part, the agreement does not need to be explicitly carried out. Which mean, the authorities do not have to have a verbal or written agreement from the person to be guilty of conspiracy. It is only required that some action was taken the two or more criminal minds. As far as the actus reus, requirement for conspiracy is concerned, at common law, a conspiracy is completed as soon as an agreement between one or more people is made (Samaha, 2014).
Numerous articles have been released discussing the critical problem of Nigeria and how it needs to be reformed in every aspect to endorse human rights and provide the prisoner with basic necessary needs. The Nigerian Bar Association (2011) anticipated that around 77% of Nigeria’s prison population is composed of pre-trial detainees (Shahidullah, 2014).
The group would later be banned and its member arrested on June 1963. Alongside Zuma was detained in solitude in a police cell for ninety days. These events happened in quick succession, and on 12th August 1963 Zuma who was twenty one years old was convicted and sentenced for ten years along with other members, for conspiring to overthrow the government. After his release, he rejoined the study group, ANC, in which has grown over time, and seen his transition in from a member to its president in 2007. After the post, Zuma was accused of fraud, corruption and tax evasion which were all waived after his election into presidency in 2009. (Mangcu).
Corruption can be defined as the use of entrusted power to accumulate public wealthy for personal benefit. Corruption is not peculiar to any country, continent or state; it is sure a global issue which is an endemic to all government all over the world. However, corruption is prevalent in the Niger delta region of Nigeria; public officers in this oil producing state of Nigeria are corrupt. Consequently, it has defied the Niger delta from developing politically and economically which has left the states reputation in a mess. Radicalization of youths, abject poverty and -political instability are the three leading effects of corruption in the Niger delta region of Nigeria.