American Court Sentences Nigerian To Eight Years’ Jail Over $975,000 Fraud | Sahara Reporters

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American Court Sentences Nigerian To Eight Years’ Jail Over $975,000 Fraud | Sahara Reporters
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The two Nigerians used Personally identifiable information (PII) of various ERS participants to make changes to their accounts in the ERS internet portal.

A-38-year old Nigerian, Olumide Bankole Morakinyo, has been sentenced to eight years in prison and ordered to repay $975,863 by an America court.

Morakinyo, who resides in Canada, was said to conspired with Lukman Shina Aminu, a resident of New Hampshire, to create unauthorised accounts for participants in the Employees Retirement System of Texas internet portal. It was revealed that the two Nigerians used Personally identifiable information of various ERS participants to make changes to their accounts in the ERS internet portal. While bank deposit information on file in the system was changed to re-route retirement payments to debit cards controlled by Aminu, document revealed.

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