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Quatloos! > Advance Fee > Exhibit: Nigerian 4-1-9 Scam > Nigerian Money Laundering

Nigerian Money Laundering Scheme

FOR IMMEDIATE RELEASE
For Information Contact Public Affairs
September 25, 2002

U.S. Department of Justice
Marcos Daniel Jiménez
United States Attorney for the Southern District of Florida,
99 N.E. 4 Street
Miami, FL 33132


DEFENDANT SENTENCED TO EIGHT YEARS’ IMPRISONMENT
FOR HIS CONVICTION IN A MULTI-MILLION DOLLAR
NIGERIAN MONEY DIVERSION/MONEY LAUNDERING SCHEME

Marcos Daniel Jiménez, United States Attorney for the Southern District of Florida, and Frank D. Estrada, Special Agent in Charge of the United States Secret Service, announced today that on September 24, 2002, United States District Judge Ursula Ungaro-Benages sentenced Benjamin N. Oluku, a Nigerian national, to eight years’ imprisonment for his participation in a multi-million dollar international money diversion/money laundering scheme which resulted in a seizure of $4.35 million.

A federal jury in Miami had previously convicted Mr. Oluku at trial in April 2002. Mr. Oluku was convicted of conspiracy to commit mail and wire fraud, mail fraud, wire fraud, money laundering, and passport fraud. He has forfeited any interest he may have as to the $4.35 million. The United States Secret Service’s seizure of $4.35 million of the diverted money from Mr. Oluku and his American co-defendants was the second-largest seizure in history from the Secret Service’s investigations of Nigerian money scams.

At trial, the United States showed that Mr. Oluku, with the assistance of co-defendants in Miami, diverted more than $4.35 million of a purported payment for the purchase of crude oil by an European entity from Nigeria through an account in the Isle of Man to an account of a fictitious Nigerian-sounding company in Miami. Under the scheme hatched by Mr. Oluku and his Nigerian co-conspirators, the $4.35 million were to be transferred to another account of a fictitious person in Miami so that the money could be further laundered back to Mr. Oluku and his co-conspirators in Nigeria.

Mr. Jiménez commended the investigative efforts of the United States Secret Service. The case was prosecuted by Assistant United States Attorney Richard Hong.

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See: http://www.usdoj.gov/usao/fls/Oluku2.html

United States Attorney for the
Southern District of Florida

99 N.E. 4 Street
Miami, FL 33132
(305) 961-9001

For Information Contact Public Affairs
Jacqueline Becerra,
Acting Special Counsel for Public Affairs, (305) 961-9243

Marjorie M. Selige,
Public Affairs Specialist, (305) 961-9048

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