SAN FRANCISCO, July 10, (THEWILL) – A Nigerian, Fawaz Olanrewaju Animasaun will spend the next two years in jail in the United States for defrauding East Texans and others out of nearly $1 million.
27 year-old Animasaun, is one of two persons named in a federal indictment for charges of aggravated identity theft and conspiracy to commit bank fraud, as well as aiding and abetting.
He was traveling to the U.S. from Ghana, by way of Amsterdam, when he was arrested at the airport in New York in November last year and a few weeks later, the 7-foot-1-inch tall Nigerian was an inmate at the Gregg County Jail awaiting his turn in a federal courtroom.
Under a plea agreement finalized in May, Animasaun is serving three years in prison on the conspiracy charge. He is ordered to pay $930,737.60 in restitution to three financial companies.
Court documents show Animasaun will pay $135,989 to East Texas-based Austin Bank, $46,800 to Northern Trust Company and $747,948.60 to UMB Financial Corporation as part of restitution.
Animasaun and his alleged accomplice Idowu Temitope Omolade, also from Nigeria, are believed to be involved in at least 21 fraudulent wire transfers between April and August of 2012. And that may not be all.
A rare footnote made by a U.S. Attorney in the 21-page federal indictment reads, “Because the purpose of this complaint is to set forth only those facts necessary to establish probable cause to arrest, I have not described all the relevant facts and circumstances of which I am aware.”
The indictment says the purpose of the conspiracy was to “unlawfully obtain money through unauthorized transfers of funds from bank accounts and brokerage accounts.”
To do that, the Nigerian men allegedly impersonated actual account holders in emails exchanged with banking and financial services personnel. In those email conversations, the indictment says the suspects “harvested details about the target accounts, including account balances, and obtained wire transfer instructions.”
With those details, the suspects were then able to initiate a wire transfer without the account holder’s knowledge or authorization.
The indictment said that the money was moved through a series of accounts using “money mules,” or people who may or may not have known they were assisting in the transfer.
Other financial institutions affected include Wells Fargo, UMB Bank, UMB Financial Corporation, Northern Trust and Northern Trust Corporation.
Animasaun was transferred out of the Gregg County Jail on June 28, in the custody of the U.S. Marshals. Federal Bureau of Prisons records show he is now in a detention center in Brooklyn, New York, and will remain there until June 2019.
