Federal High Court in Houston, Texas, US has sentenced a Nigerian, Hammed Akinola, to 15 years in prison over $10 million fraud.
Justice David Hittner also sentenced Akinola’s accomplice, a 53-year-old American, James Campbell, to 90 months in prison.
The sentence was handed on April 12 according to a press release by US Justice Department.
Both men had pleaded guilty to the charges.
The two men were found to have taken or attempted to take large sums of money from roughly 45 victims, who thought they were sending their money to a title company to close on a home.
Unknown to them, the money was fraudulently being transferred to a bank in Houston controlled by the defendants.
They will remain in custody pending transfer to a U.S. Bureau of Prisons facility to be determined in the near future.
In total, Campbell and Akinola’s activity participating in the scheme and laundering its proceeds amounted to transferring or attempting to transfer $10.3 million into accounts they controlled.
