Two US-based Nigerians, Solomon Aluko and Nosakhare Nobore, along with four accomplices, face up to 62 years in prison after being arraigned in a New York court for allegedly defrauding the US government of $50 million.
Fraud Scheme
According to a US Department of Justice document, the suspects engaged in a cheque fraud scheme, using stolen identities and fake bank accounts to deposit fraudulent government cheques. They allegedly attempted to steal $80 million, successfully securing $50 million.
Modus Operandi
The group reportedly worked with a bank teller to create fake accounts, using them to deposit fraudulent cheques from government agencies. They then withdrew or transferred the funds before detection.
‘Fraud Bible’ & Telegram Communications
The suspects documented their methods in a so-called ‘fraud bible’ and coordinated activities via a Telegram group.
Authorities React
FBI Acting Assistant Director Leslie R. Backschies stated:
“These defendants exploited government programs, depositing $50 million in illicit funds. The FBI will ensure they face justice.”
IRS Special Agent Harry Chavis added:
“They stole funds meant for struggling businesses, the elderly, and veterans. They will be held accountable.”
Potential Sentencing
Each defendant faces the following maximum penalties:
Wire & bank fraud – 30 years
Money laundering – 20 years
Defrauding the government – 10 years
Aggravated identity theft – 2 years (mandatory)
Legal Standing
The charges remain allegations, and the defendants are presumed innocent until proven guilty. The US government continues to crack down on financial fraud, ensuring accountability for offenders.
