A Nigerian national, Oluwaseun Adekoya, has been sentenced to prison in the United States after being convicted for his role in a large-scale bank fraud and financial scam that targeted individuals across the country.
Authorities said Adekoya operated a coordinated fraud network involving several accomplices who assisted in carrying out the scheme. Members of the group were reportedly based in different parts of the United States and were also arrested during the investigation.
According to investigators, the fraud ring carried out multiple financial crimes, including bank fraud and related schemes designed to steal money from victims. The total amount linked to the operation exceeded $2 million.
Following his conviction, Adekoya was sentenced to 20 years in prison. The court also ordered him to pay restitution of approximately $2.2 million to compensate victims affected by the fraud.
Officials confirmed that after completing his prison term, Adekoya will be deported from the United States.
Law enforcement authorities say the case highlights ongoing efforts to combat organized financial fraud and cyber-enabled crimes that target individuals and financial institutions. Several other suspects connected to the network remain under investigation.
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