According to further reports, the man identified as Okechuckwu Valentine Osuji, 39, has been convicted by a federal jury in New Haven, Connecticut, for orchestrating a sophisticated business email compromise scheme across multiple countries, including the United States.
More report has it that Osuji and his associates targeted individuals and businesses by posing as trustworthy entities in electronic communications to swindle money.
They employed both unwitting and willing "money mules" to receive fraudulent proceeds in their bank accounts and then transferred those funds to accounts controlled by Osuji and his associates or converted them into cash.
The scheme, which operated for several years, resulted in losses and intended losses exceeding $6.3 million.
Osuji faces sentencing on July 24 and could potentially receive a maximum penalty of 60 years in prison.
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