America court sentences Nigerian to eight years in prison, orders repayment of N400 million

A Nigerian national, Olumide Bankole Morakinyo was on Wednesday sentenced to eight years in prison and ordered to repay $975,863. According to the court,

A Nigerian national, Olumide Bankole Morakinyo was on Wednesday sentenced to eight years in prison and ordered to repay $975,863.

Morakinyo, 38, residing in Canada, according to court documents conspired with Lukman Shina Aminu, a resident of New Hampshire, to create unauthorized accounts for participants in the Employees Retirement System of Texas internet portal. The document further revealed that the duo used Personally identifiable information of various ERS participants to make changes to their accounts in the ERS internet portal.

Aminu, who possessed the physical debit cards, would withdraw money under instructions from his co-conspirator, Morakinyo and then transfer or deposit that money at Morakinyo’s direction.

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