Stella Dimoko Korkus.com: Nigerian Man Extradited From Germany To The US To Face Charges Of Alleged Theft And Laundering Of Victims Funds

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Monday, April 12, 2021

Nigerian Man Extradited From Germany To The US To Face Charges Of Alleged Theft And Laundering Of Victims Funds

Yusuf Owolabi Abdul, a Nigerian resident in Canada, and extradited from Germany to the United States, will be presented on Monday in New York before Magistrate Judge Ona T. Wang.








Abdul, also known as “Saheed Sador” faces a fraud charge that may put him behind bars for up to 30 years.


He was extradited on Friday to New York, said Audrey Strauss, the United States Attorney for the Southern District of New York.Judge Katherine Polk Failla: to handle Yusuf Owolabi Abdul’s case

Abdul is accused of participation in a fraud scheme starting from 2013 until at least April 2019, involving the theft and laundering of victim funds.


He was arrested in Germany on December 11, 2020, on an Interpol Red Notice, and is the fifth defendant charged in this case.

According to Strauss, Abdul’s case has been assigned to U.S. District Judge Katherine Polk Failla.

U.S. Attorney Audrey Strauss said: “As alleged, Yusuf Owolabi Abdul and his co-defendants used a widely available telephone ‘spoofing’ service and other deceitful means to steal and conceal millions of dollars in victim funds.

“Thanks to the FBI and international cooperation, Abdul is in U.S. custody and facing charges in this District.”

According to the allegations in the Indictment:


From at least 2013 through in or about 2018, ABDUL and various other conspirators, located in countries including the United States, Canada, Italy, the United Kingdom, and the United Arab Emirates (collectively, the “Conspirators”), were involved in a scheme to fraudulently access individuals’ and corporations’ bank accounts and to conduct financial transactions using those bank accounts without the knowledge or authority of the accounts’ legitimate owners (the “Bank Scheme”).

As part of the Bank Scheme, the Conspirators placed thousands of calls to various United States banks, holding themselves out as legitimate accountholders of particular targeted bank accounts and using the stolen personal identifying information belonging to those accountholders.

Using a particular telephone number “spoofing” service, and voice-altering technology, the Conspirators would deceive bank representatives into believing that the Conspirators were actual account holders. In so doing, they convinced multiple U.S. banks to, among other things: move money from a victim’s savings account to the victim’s checking account (so that the Conspirators could more easily access the funds and conduct unauthorized transactions); falsely note on the account that the account holder was traveling abroad (making the bank less likely to void suspicious international transactions made by the Conspirators); have “replacement” credit cards mailed to international addresses controlled by the Conspirators (whereupon the Conspirators could use them to make unauthorized purchases); and authorize foreign purchases made by the Conspirators.

ABDUL, 45­, a citizen of Nigeria and resident of Canada, is charged with one count of conspiracy to commit bank and wire fraud, which carries a maximum sentence of 30 years in prison.

He also faces one count of conspiracy to commit money laundering, which carries a maximum of 20 years in prison.

The third count is aggravated identity theft, which carries a mandatory sentence of two years in prison, to be served consecutively to the other charges.

Other defendants charged in this case include Alade Kazeem Sodiq, a/k/a “Eluku,” a citizen of the United Arab Emirates and Abdulai Kennedy Saaka, a/k/a “Kenny,” of Atlanta, Georgia.

Each had pleaded guilty to one count of money laundering conspiracy.

Sodiq was sentenced to 50 months in prison and Saaka bagged 32 months in prison.

The case of another accused, Habeeb Audu, a/k/a “Dickson” remains pending.

Dominic Francis Labiran, a citizen of the United Kingdom, also a defendant in the case, remains at large.

Ms. Strauss praised the outstanding investigative work of the Federal Bureau of Investigation.

The U.S. Department of Justice’s Office of International Affairs of the Department’s Criminal Division provided significant assistance in securing the defendant’s extradition from Germany.

The prosecution of this case is being handled by the Office’s Money Laundering and Transnational Criminal Enterprises Unit. Assistant United States Attorneys Kiersten A. Fletcher, Jonathan E. Rebold, and Andrew A. Rohrbach are in charge of the prosecution.

The charges against ABDUL, Audu, and Labiran contained in the Indictment are merely accusations, and they are presumed innocent unless and until proven guilty.

from pmnewsnigeria

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