Extradited Nigerian National Convicted of Business Email Compromise Scheme
According to court documents and evidence presented at trial, Okechuckwu Valentine Osuji, 39, and his co-conspirators targeted specific individuals and businesses by masquerading as trustworthy entities in electronic communications to obtain money.…
Poland blocks EU compromise on global minimum corporate tax deal
PARIS – Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the European Union in another blow to a global overhaul of international tax rules.…
U.S. Senate approves $52 billion chips bill in bid to reach compromise
By David Shepardson WASHINGTON -The U.S. Senate on Monday again approved a bill to provide $52 billion in U.S. subsidies for semiconductor chips manufacturing in a bid to reach a compromise after…
Texas Man Sentenced To 48 Months In Prison For Laundering Proceeds Of Multimillion Dollar Business Email Compromise Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced today that TERRY FORMER was sentenced this afternoon to 48 months in prison in connection with the laundering…
Chicago Man Sentenced to Federal Prison for Business Email Compromise Scheme
INDIANAPOLIS – Oyedele Aro Benjamin, 27, of Chicago was sentenced to two years in federal prison today for his role in a Business Email Compromise (BEC) scheme. A BEC is a sophisticated…
California Man Admits Laundering Money from Fraudulent SBA Loans and Business Email Compromise Fraud Scheme Targeting Law Firm
NEWARK, N.J. – A California man pleaded guilty today to laundering money from fraudulently obtained Small Business Association (SBA) loans and from a law firm that was the victim of a business…
Serbian-Hungarian Dual Citizen Pleads Guilty In Manhattan Federal Court To Multi-Million Dollar Business Email Compromise Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced today that DEJAN MEDIC pled guilty to participating in a business email compromise scheme that stole over $3.7…
Convicted Money Launderer Sentenced for Second Business Email Compromise Scheme
BOSTON – A Hingham man who was previously convicted of money laundering was sentenced on Wednesday, Oct. 27, 2021 in connection with a business email compromise (BEC) scheme. Yannick A. Minang, a/k/a…
Two Defendants Convicted For Operating Multimillion-Dollar Business Email Compromise And Money Laundering Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that a jury returned guilty verdicts yesterday against OLUWASEUN ADELEKAN, a/k/a “Sean Adelekan,” and TEMITOPE OMOTAYO for conspiracies…
China Says Taiwan Is ‘Inalienable Part’ Of Its Territory And There Is ‘No Room’ For Compromise
China said there was “no room” for compromise when it comes to Taiwan on Friday after President Joe Biden commented that the U.S. would defend the island if it was attacked, the…
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