Nigerian Man, Olayinka Olaniyi Scams US Universities Of $6million

A Nigerian man identified as Olayinka Olaniyi has been been found guilty of defrauding US universities and is due to be sentenced to jail.

The 34-year-old was part of a scheme that sent fraudulent emails that appeared to be from legitimate businesses to trick the recipients into providing personal information and passwords. He and Damilola S. Ibiwoye, 29, also from Nigeria, used the information to steal payroll deposits, and access to employee W2 forms, which they used to file fraudulent tax returns. The attempted theft was over $6 million, prosecutors said.

They also engaged in online dating scams to lure innocent victims into releasing their account details, into which deposits from the illegally-obtained funds were made.

The men committed these crimes while living in Kuala Lumpur, Malaysia, and were extradited to the U.S. to face charges.

Georgia Tech officials discovered the activity in November 2014 when unauthorized changes to the employee information when payroll was processed, according to a 2015 affidavit. Georgia Tech officials investigated and contacted the FBI. About $51,000 was transferred and not recovered, according to the affidavit.

While Olaniyi is scheduled to be sentenced on October 22, 2018, at 10a.m. before US District Judge Steve C. Jones, Ibiwoye, who had earlier pleaded guilty to the offence, had been sentenced on January 31, 2018 to three years and three months in prison, to be followed by three years of supervised release.

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