WASHINGTON, Aug. 28 -- The U.S. Department of Justice's Criminal Division issued the following news release:
A Nigerian national was sentenced yesterday to 95 months in prison for his role in a money laundering conspiracy involving millions of dollars tied to various fraud schemes - including business email compromise, romance, and unemployment insurance fraud scams- perpetrated against U.S. citizens.
According to court documents, Oluwasegun Baiyewu, 40, of Houston, Texas, led a conspiracy that laundered over $3.1 million in proceeds of various fraud schemes by purchasing used cars with illicit proceeds and then shipping those cars to West Africa. Between approximately May 2020 and October 2021, Baiyewu worked with at least six other co-c...