Houston-Based Nigerian Admits Laundering $927,000 in Business Email Scam

A 34-year-old Houston resident of Nigerian descent has pleaded guilty to running an unlicensed money transmission business. Between 2020 and 2022, he used his company to move funds from a business email compromise scheme. One victim wired $927,080 to accounts under his control, and he also cashed a $60,000 stolen cashier’s check. U.S. authorities say the fraud targeted over ten victims with spoofed supplier emails. He faces up to five years in prison and a $250,000 fine when he is sentenced on September 15. The FBI’s Houston office and the IRS Criminal Investigation division led the probe. A co-conspirator was earlier sentenced to 32 months in federal prison.

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