1:55 pm - Friday December 15, 2017

BREAKING NEWS: NIGERIAN King of Scam on AMERICAN Student VISA, AMECHI COLVIS AMUEGBUNAM Sentenced to 46 Months in Federal Prisons For Fraud…Leading to $3.7 Million Loss to United States Companies *Ordered to pay $615,555.12 in Restitution for role in “Business Email Compromise” (BEC) scheme *Deceived, Send out Fake emails to companies in Northern District of Texas and elsewhere, containing misrepresentations that caused companies to wire transfer funds as instructed on a pdf document that was attached to email * ‘I Am Guilty of Conspiracy to commit Wire Fraud’-Amechi confesses * ‘Scheme involved at least 10 victims totaling a loss of approximately $3,700,000’-FBI BY GEORGE ELIJAH OTUMU/FOREIGN BUREAU CHIEF/UNITED STATES

BREAKING NEWS:
NIGERIAN King of Scam on AMERICAN Student VISA, AMECHI COLVIS AMUEGBUNAM Sentenced to 46 Months in Federal Prisons For Fraud…Leading to $3.7 Million Loss to United States Companies
*Ordered to pay $615,555.12 in Restitution for role in “Business Email Compromise” (BEC) scheme
*Deceived, Send out Fake emails to companies in Northern District of Texas and elsewhere, containing misrepresentations that caused companies to wire transfer funds as instructed on a pdf document that was attached to email
* ‘I Am Guilty of Conspiracy to commit Wire Fraud’-Amechi confesses
* ‘Scheme involved at least 10 victims totaling a loss of approximately $3,700,000’-FBI

BY GEORGE ELIJAH OTUMU/FOREIGN BUREAU CHIEF/UNITED STATES

A NIGERIAN Conman, Amechi Colvis Amuegbunam who under the guise of deceit lied at the United States Embassy in Nigeria to gain ‘Student Visa’ faking that he was coming to school in America has been discovered to be a ‘King of Scam’, operating a fraudulent email in connection with his group of criminally-minded Nigerians purposely to defraud innocent Americans. His digraceful activities hoodwink 10 victims totaling a loss of approximately $3,700,000′ as confirmed by the Federal Bureau of Intelligence (FBI). He has been sentenced to 46 months in Federal Prisons for Fraud, thereby leading to $3.7 Million Loss to United States Companies.

Going by an official statement issued by United States Department of Justice on August 28, 2017, it reads: “A Nigerian citizen in the U.S. on a student visa was sentenced today before U.S. District Judge Ed Kinkeade to 46 months in federal prison and ordered to pay $615,555.12 in restitution for his role in what has become known as a “Business Email Compromise” (BEC) scheme, announced U.S. Attorney John Parker of the Northern District of Texas.

“Amechi Colvis Amuegbunam, 30, of Lagos, Nigeria, pleaded guilty in March 2017 to one count of conspiracy to commit wire fraud. He has been in custody since the time of his arrest in August 2015.

“According to plea documents in the case, from November 2013 through August 2015, Amuegbunam and other individuals, sent fraudulent emails to companies in the Northern District of Texas and elsewhere, containing misrepresentations that caused the companies to wire transfer funds as instructed on a pdf document that was attached to the email.”

On the involvement of FBI, the press release states: “The investigation of this particular scheme began when two companies in the Dallas/Fort Worth area reported to the FBI Dallas office that they had received targeted spear phishing emails. These emails appeared to be a forwarded message, allegedly from a top executive at the company, sent to an employee in the company’s accounting department who had authority to make financial transfers for the company. Although the emails appeared to be coming from a company executive, the messages were actually coming from a false email account fraudulently created to look like a legitimate company email account.

“A fraudulent domain name was used that contained one small difference from the true company’s email address – such as transposed letters. After complying with the spear-phishing email instructions to transfer funds, the companies became victims of the BEC scheme. The investigation traced the creation of some of the pdfs to Amuegbunam. According to the factual resume, the scheme involved at least ten victims totaling a loss of approximately $3,700,000.

The FBI investigated and Assistant U.S. Attorney C.S. Heath prosecuted. In May 2017, the FBI issued a Public Service Announcement about the BEC scheme.” https://www.ic3.gov/media/2017/170504.aspx

PRESS STATEMENT:

Department of Justice
U.S. Attorney’s Office
Northern District of Texas
FOR IMMEDIATE RELEASE
Monday, August 28, 2017
Nigerian Man Sentenced for Role in “Business Email Compromise” Scheme That Caused $3.7 Million Loss to U.S. Companies

DALLAS — A Nigerian citizen in the U.S. on a student visa was sentenced today before U.S. District Judge Ed Kinkeade to 46 months in federal prison and ordered to pay $615,555.12 in restitution for his role in what has become known as a “Business Email Compromise” (BEC) scheme, announced U.S. Attorney John Parker of the Northern District of Texas.

Amechi Colvis Amuegbunam, 30, of Lagos, Nigeria, pleaded guilty in March 2017 to one count of conspiracy to commit wire fraud. He has been in custody since the time of his arrest in August 2015.

According to plea documents in the case, from November 2013 through August 2015, Amuegbunam and other individuals, sent fraudulent emails to companies in the Northern District of Texas and elsewhere, containing misrepresentations that caused the companies to wire transfer funds as instructed on a pdf document that was attached to the email.

The investigation of this particular scheme began when two companies in the Dallas/Fort Worth area reported to the FBI Dallas office that they had received targeted spear phishing emails. These emails appeared to be a forwarded message, allegedly from a top executive at the company, sent to an employee in the company’s accounting department who had authority to make financial transfers for the company. Although the emails appeared to be coming from a company executive, the messages were actually coming from a false email account fraudulently created to look like a legitimate company email account. A fraudulent domain name was used that contained one small difference from the true company’s email address – such as transposed letters. After complying with the spear-phishing email instructions to transfer funds, the companies became victims of the BEC scheme. The investigation traced the creation of some of the pdfs to Amuegbunam.

According to the factual resume, the scheme involved at least ten victims totaling a loss of approximately $3,700,000.

The FBI investigated and Assistant U.S. Attorney C.S. Heath prosecuted. In May 2017, the FBI issued a Public Service Announcement about the BEC scheme. https://www.ic3.gov/media/2017/170504.aspx

# # #

Topic(s):
Financial Fraud
Component(s):
USAO – Texas, Northern
Contact:
Lisa Slimak
214-659-8600
Lisa.Slimak@usdoj.gov
Updated August 28, 2017

 

Filed in: Crime

No comments yet.

Leave a Reply