Oludayo Adeagbo, a 45-year-old Nigerian-British man, has bagged a seven years prison sentence in the U.S. for a multimillion-dollar email scam.
He defrauded entities in Texas and a North Carolina university of $1.9 million, pleading guilty to wire fraud after his extradition from the UK in 2022.
Tales Of Oludayo Adeagbo; A Journey Into Cybercrime
In the world of cybercrime, deception often leads to downfall.
Oludayo Adeagbo, a 45-year-old Nigerian-British man, became embroiled in a scheme known as Business Email Compromise (BEC), which ultimately resulted in a seven-year prison sentence in the United States.
BEC scams involve criminals impersonating trusted sources through legitimate-looking emails, tricking victims into revealing sensitive information or making financial transactions.
According to the Federal Bureau of Investigation (FBI), Adeagbo participated in multiple BEC schemes targeting entities in Texas, including local governments and construction companies, aiming to steal over $3 million.
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One of the most significant frauds, for instance, involved a university in North Carolina, from which they successfully stole more than $1.9 million.
Subsequently, authorities extradited Adeagbo from the United Kingdom to face charges in August 2022. Eventually, he pleaded guilty to wire fraud and conspiracy in the U.S. District Court for the Western District of North Carolina.
Meanwhile, Nicole Argentieri, head of the Justice Department’s Criminal Division, highlighted the transnational nature of Adeagbo’s crimes, stating that they caused millions in losses.
Alamdar S. Hamdani, the attorney for the Southern District of Texas, described Adeagbo’s operation as a sophisticated cyber-crime that hid behind fake email accounts, illustrating how easily the digital underworld can draw someone into its shadows.
