Oludayo Adeagbo, a British-Nigerian, has been sentenced to seven years in prison for conspiring in a scheme to steal over $5 million...
Oludayo Adeagbo, a British-Nigerian, has been sentenced to seven years in prison for his role in a multimillion-dollar business email compromise scheme.Adeagbo, who also goes by John Edwards and John Dayo, conspired with others to steal over $3 million from different entities in Texas, including local government entities, construction companies, and a Houston-area college.
A business email compromise scheme can be initiated by scammers creating fake accounts pretending to be companies that a business regularly does business with.Court records showed that Adeagbo and his co-conspirators obtained information about significant construction projects throughout the United States, including an ongoing multi-million-dollar project at a university in North Carolina.
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