A Nigerian citizen and U.S. permanent resident, Adedayo Fateru, has been sentenced to 87 months in prison for his role in a money laundering scheme involving approximately $1.7 million in fraud proceeds in the United States.
Fateru was among four individuals sentenced in connection with the scheme, according to United States Attorney Dan Bishop of the Middle District of North Carolina.
The other defendants were identified as Lisa Farrow, William Atwater and Victoria Stone.
According to court documents, the Internal Revenue Service Criminal Investigation and the United States Postal Inspection Service investigated the group over a money laundering operation involving proceeds from several fraud schemes.
The schemes included business email compromises (BEC), modified check schemes, fraudulent Automated Clearing House (ACH) transactions, false applications for Economic Injury Disaster Loans (EIDL) issued during the COVID-19 pandemic and fraudulent unemployment benefit applications.
