U.S. Attorney in Southern District Indicts Alleged Nigerian Ringleader of International Advanced Fee Fraud Scheme

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Saturday, January 5, 2019
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
1
Abstract: 

On December 18, 2018, court documents were unsealed charging Osondu Victor Igwilo, 49 of Lagos, Nigeria in a criminal complaint as the alleged ringleader of an international advance-fee scheme that involved false promises of investment funding by individuals who impersonated U.S. bank officials in in person and over the internet to victims around the world.  The victims were told they had had to make certain payments prior to supposedly receiving their funds.  The defendants allegedly laundered the proceeds of the scheme through U.S. bank accounts and diverted the funds to the scheme’s perpetrators in Nigeria.