A tech entrepreneur named Kingsley Inegbedion has been charged by the Federal Bureau of Investigation for his alleged involvement in business email compromise schemes and romance scams. According to the investigation, he and his accomplice, Efemena Igbe, pretended to be legitimate business owners in order to defraud American citizens between April 2020 and May 2023.
The FBI claimed, according to Peoples Gazette, that the pair concealed the fraud by using fictitious corporate firms to accept fraudulent cash that were then transferred into other accounts both inside and outside of the US.
According to a statement from the FBI, the two were accused of using the stolen money to buy cashier’s checks and take money out of several bank accounts. The FBI has been requesting the return of monies and the confiscation of property acquired via the fraud operation.
On Tuesday, the Nigeria Police Force announced that Linus Williams, a self-described cryptocurrency billionaire, had been taken into custody on charges of fraud, financing of terrorism, and failure to comply with national regulations.
Williams, the CEO of the Blord Group of enterprises, will be the subject of due diligence during the inquiry, according to Force Public Relations Officer Muyiwa Adejobi, who confirmed the arrest in a post on X.com on Tuesday.
