"Nigerian Gets 10 Years For Laundering Scam Funds"

A Nigerian national is going to go to jail for 10 years and one month and is ordered to pay almost $1.5m in restitution after being convicted of serious money laundering offenses.  Olugbenga Lawal, 33, of Indianapolis, Indiana, was convicted in August last year of conspiring to commit money laundering after three co-conspirators had already pleaded guilty to the same crime.  According to the Department of Justice (DoJ), he laundered millions of dollars generated by various internet fraud schemes, including romance scams and business email compromise (BEC).  The DoJ noted that between January 2019 and June 2020, bank accounts used by Lawal and his co-conspirators apparently received millions that were traced to individual and corporate victims of these schemes.  The DoJ said that seven accounts opened in the name of Lawal or his business, Luxe Logistics LLC, received more than $3.6m in deposits between January 2019 and May 2020. 

Infosecurity reports: "Nigerian Gets 10 Years For Laundering Scam Funds"