A Nigerian man based in the United States, Samson Omoniyi, could face up to 20 years in prison if convicted on charges related to money laundering and fraud. Omoniyi, along with eight others, was arrested as part of a coordinated operation across three US states. The indictment, unsealed on Tuesday in Nashville, Tennessee, accuses the group of running a large-scale money laundering operation that funneled millions of dollars obtained from internet fraud schemes, including business email compromise fraud.
The US Department of Justice issued a statement on Wednesday, detailing that the nine individuals, who remain innocent until proven guilty, are charged with conspiracy to engage in money laundering. Court documents reveal that the group operated since 2016, laundering funds obtained through fraud that targeted both individuals and businesses in the US and abroad. The accused allegedly used fake companies and money mules to conceal and transfer the illicit funds.
The indictment claims the conspirators structured their operation by recruiting participants who were directed to launder money through a network of fake businesses. The defendants are said to have agreed to launder over $20 million in fraud proceeds.
If convicted, each defendant could face a maximum sentence of 20 years in prison. The final sentence will be determined by a federal district court judge, who will consider US Sentencing Guidelines and other relevant factors. As is customary, all the defendants are presumed innocent until proven guilty in a court of law.
