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United States Jails Nigerian Monarch Over $4.2 Million Covid-19 Loan Fraud

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The Apetu of Ipetumodu in Osun State, Oba Joseph Oloyede, has been sentenced to more than four years in prison in the United States.

The monarch, 62, was convicted on charges of conspiracy to exploit COVID-19 emergency loan programmes created for struggling businesses.

Oloyede, who holds dual U.S. and Nigerian citizenship and resides in Medina, Ohio, was on August 26 handed 56 months in prison by U.S. District Judge Christopher A. Boyko.

In a statement by the U.S. Attorney’s Office for the Northern District of Ohio on Tuesday, the monarch, was also ordered to “serve three years of supervised release after imprisonment and pay $4,408,543.38 in restitution

“He also forfeited his Medina home on Foote Road, which he had acquired with proceeds of the scheme, and an additional $96,006.89 in fraud proceeds investigators had seized.

“From about April 2020 to February 2022, Oloyede and his co-conspirator, Edward Oluwasanmi, conspired to submit fraudulent applications for loans that were made available through the U.S. Small Business Association (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act,” the statement read.

In April, the duo pleaded guilty to wire fraud and tax fraud charges linked to a pandemic relief scam that siphoned over $4.2m in federal stimulus funds.

The court was told that Oloyede, who also worked as a tax preparer, “operated five businesses and one nonprofit, while Oluwasanmi owned an additional three business entities.

“Both defendants used their businesses to submit loan applications using false information.

“They obtained approximately $1.2 million in SBA funds for Oluwasanmi’s entities and $1.7 million for Oloyede’s entities,” the statement added.

According to investigators, “Oloyede submitted fraudulent PPP and EIDL applications in the names of some of his clients and their businesses.

“In exchange, Oloyede would receive 15-20% of their loans as the fee, or kickback, for obtaining the loans for them, without reporting this income to the IRS on his own tax returns.”

The funds were then used for personal gain, prosecutors said.

“Investigators learned that the defendant used funds obtained from these loans to acquire land and build a home and purchase a luxury vehicle,” the U.S. Attorney’s Office disclosed.

In all, Oloyede “caused the SBA to approve 38 fraudulent applications, amounting to $4,213,378 in disbursed loans and advances.”

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Crime

Teengers arested for kidnapping three minors in Kaduna and demanding N50m ransom from their father

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The police in Kaduna state have arrested three teenagers for orchestrating the abduction of three siblings all under the age of 14 from their home in Calabar road by Sabon layi in Kaduna North on August 26.

According to the spokesperson of the command, DSP Masir Hassan, a distress report was lodged by a father that his three children Aslam Umar Lukman (14yrs), Suleiman Umar Tanko (12yrs), and Aliyu Umar Tanko (10yrs) were kidnapped on 25th August 2025 at about 1345hrs, with the kidnappers demanding a ransom of fifty million naira (N50,000,000).

‘’Upon receipt of the report, operatives of the Command, through strategic intelligence gathering and tactical communication, lured one of the suspects, Richard Philip the Kingpin, out of their hideout and eventually he was arrested. During interrogation, the suspect confessed to the crime and revealed that he conspired with Ibrahim Ma’aruf (18yrs) and Abubakar Sadiq (15yrs) to kidnap the children and hide them at his residence.”

Hassan said that acting on the credible intelligence, the police swiftly stormed the location, arrested the culprits, and rescued all three victims unhurt.

He said the rescued children have since been safely reunited with their family by the Commissioner of Police, Kaduna State Command.

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Delta police command arrests officers filmed counting cash in patrol vehicle

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The Delta State Police Command has said it arrested officers who appeared in a viral video counting bundles of cash inside a patrol van marked Area Command Asaba.

The video, which circulated on social media, showed the officers handling the money from their parked vehicle, raising widespread suspicion that the cash could have been proceeds of extortion.

Reacting to the development on Tuesday, the Police Public Relations Officer for the Command, Bright Edafe, confirmed in a post on X (Formerly Twitter) that the officers had been tracked and taken into custody.

According to him, the Command wasted no time in summoning the personnel before the Commissioner of Police after the video came to its attention.

“The policemen in the embarrassing video have been identified and arrested.

“They appeared before the CP today,” Edafe wrote.

He explained that the two senior officers involved had already been issued queries, while the inspectors are facing detention ahead of formal disciplinary proceedings.

The police spokesman further assured that necessary sanctions would be imposed following the outcome of the orderly room trial, which is the Force’s internal disciplinary process for erring officers.

“The four personnel, two of them who are senior officers, have been queried while the two inspectors have been detained and are awaiting an orderly room trial,” Edafe concluded.

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Crime

PHOTOS: NDLEA Detain Drug Kingpin, Others Over Arrest Of Three Nigerians In Saudi Arabia

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The National Drug Law Enforcement Agency (NDLEA) have arrested a 55-year-old drug kingpin Mohammed Ali Abubakar alias Bello Karama and five members of a syndicate operating at the Mallam Aminu Kano International Airport (MAKIA), Kano State.

It was reports that they were taken into custody following the discovery that they are behind the shipment of illicit substances for which three innocent Nigerians who went on lesser hajj pilgrimage to the holy land were being detained in Jeddah for alleged drug trafficking.

This was disclosed at a press conference addressed by the Agency’s Director of Media and Advocacy, Femi Babafemi along with the Director of Assets and Financial Investigation, Dr. Abdul Ibrahim and Director of Prosecution and Legal Services, Theresa Asuquo, at the NDLEA National Headquarters in Abuja on Monday 25th August 2025.

Explaining how the syndicate implicated three unsuspecting pilgrims in drug trafficking allegations in Saudi, the NDLEA said following receipt of complaints by its Chairman/Chief Executive, Brig Gen Mohamed Buba Marwa (Rtd) from three Nigerian families over the detention of their family members in Saudi Arabia after the completion of their lesser hajj pilgrimage on an allegation of trafficking in illicit substances into Saudi Arabia, an investigation was launched to unravel what happened.

The Agency said the three Nigerians detained in Saudi: Mrs. Maryam Hussain Abdullahi; Mrs. Abdullahi Bahijja Aminu; and Mr. Abdulhamid Saddiq boarded an Ethiopian Airline flight ET940 which departed Kano on 6th August 2025 to Jeddah enroute Addis-Ababa were unfortunate to be tagged with six additional bags not belonging to them, three of which were found to contain illicit drugs.

“Mrs. Maryam Hussain Abdullahi while embarking on this flight, only checked in one luggage weighing 9 kilograms on the 6th day of August, 2025 which incidentally did not arrive with her to her destination. Her husband was only informed of the arrival of their luggage on 16th August, a day before the date of their departure from Jeddah which was to be on the 17th day of August, 2025. Following this allegation, she was detained in Jeddah and is still in detention till date. The case of the other two persons followed the same pattern and were reported to the Agency shortly after Maryam Hussain’s complaint”, the Agency stated.

NDLEA stated that its swift investigation revealed that “the bags containing illicit drug substances intercepted in Saudi Arabia were checked in against the complainants’ names by members of a criminal syndicate operating in Mallam Aminu Kano International Airport without the knowledge of the three complainants.

“All the bags were traced to one Ali Abubakar Mohammed (aka Bello Karama), the leader of the syndicate who checked them into the Ethiopian Airline on the 6th day of August 2025, the same day the three complainants travelled on board the same airline from Kano enroute Addis-Ababa to Jeddah.

“It is interesting to note that the said Ali Abubakar Mohammed who also travelled to Jeddah on the same date boarded Egypt Air rather than Ethiopian Airline where he checked in his contaminated bags.

“The bags were tagged and checked in by members of staff of Skyway Aviation Handling Company who are also members of the criminal syndicate, to the names of the three complainants secretly and without their knowledge or consent. The bags illegally tagged against the complainants’ names are the ones intercepted in Saudi Arabia and found to contain the illicit drug substances.

“For the above reasons, the three complainants were arrested and detained for crimes they had no knowledge of. In the light of the forgoing, and the evidence gathered by the Agency in the course of our investigation, it is clear that Mrs. Maryam Abdullahi and two others who are being detained in Saudi are victims of circumstance, implicated by the activities of a criminal syndicate operating at the Mallam Aminu Kano International Airport.”

The Agency said six members of the syndicate are already in its custody with four already charged to court awaiting arraignment including Ali Abubakar Mohammed (aka Bello Karama); Abdulbasit Adamu, Murtala Akande Olalekan and Celestina Emmanuel Yayock.

NDLEA said: “They have all made confessional statements. While Ali had admitted bringing in seven luggage, Celestina confessed checking in two of them for a fee of N100,000 and another suspect Jazuli Kabir who checked in two other bags admitted collecting N100,000 for the dirty job, while Ali travelled with the other three bags on Egypt Air. We have the receipts for the transfer of N200,000 from Ali to Celestina who in turn transferred N100,000 to Jazuli.”

It said based on the outcome of its investigations it is spearheading a dialogue with the authority of the General Directorate of Narcotics Control (GDNC) in Saudi Arabia to see that the three innocent Nigerians are exonerated.

“As a result, the Chairman/Chief Executive Officer of the Agency is presently on his way to attend an International Drug Conference which will be attended by a delegation from the General Directorate of Narcotics Control (GDNC), who he intends to meet one on one, to present our findings and seek the cooperation of our Saudi counterparts in ensuring that Mrs. Maryam Hussain Abdullahi, and the two others who remain stranded in the Kingdom, get the justice they deserve. If required, the CCEO is also prepared to travel to the Kingdom of Saudi Arabia personally to pursue this matter to its conclusion”, Babafemi stated.

He assured that Nigeria will never abandon its citizens, especially when the facts clearly show that they are victims of criminal conspiracies.

The Agency assured the public of its commitment to fight the scourge of substance abuse and illicit drug trafficking in the country.

It added that “while there are no sacred cows in our enforcement duties which can be attested to by the number of high-profile arrests, seizures, convictions and forfeitures recorded, it will not support the innocent being punished for crimes they did not commit.

“While investigations continue, the CCEO will like to appreciate the Hon. Min of Aviation and Aerospace Development, the Managing Director of FAAN, the AVSEC and the DSS for their collaboration on this case and for the interim measures that have been approved in MAKIA to prevent a reoccurrence of this type of situation.”

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