Two Nigerian nationals, along with four other individuals, have been indicted in the United States for their alleged roles in a sophisticated fraud scheme that defrauded individuals and financial institutions of over $50 million. The accused, identified as members of an international cybercrime syndicate, face multiple charges, including conspiracy to commit wire fraud, bank fraud, and aggravated identity theft.
According to the U.S. Department of Justice, the suspects engaged in various illicit activities, including the use of stolen personal information, business email compromise (BEC) scams, and fraudulent ATM withdrawals. Investigators revealed that the group operated in several states, leveraging fake identities and shell companies to facilitate their crimes. Court documents further indicate that they shared fraudulent techniques through a document known as the “2021 Fraud Bible,” a manual detailing methods for committing cyber-enabled financial crimes.
If convicted, the suspects could face up to 62 years in federal prison. The case highlights the growing challenge of combating international fraud syndicates, particularly those operating in digital spaces. U.S. authorities have reiterated their commitment to holding perpetrators accountable and working with international partners to disrupt transnational crime networks.
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