The Nigerian will be sentenced on 20 January by a US district court for using about 470 bank accounts to defraud at least 10 American banks.
A Nigerian man, Ahmed Ponle, has pleaded guilty to opening and using 470 fake bank accounts to defraud American banks.
US investigators revealed in court documents that Mr Ponle used suspected fraudulent foreign passports bearing fake American visas to open approximately 470 bank accounts at various American banks’ branches in various states., Kenyan, and Senegalese passports. The US government confirmed in the plea agreement filed in court on 7 August 2022, that Mr Ponle cooperated with authorities in investigating his case.But Mr Ponle faces up to 30 years in jail with a $1 million fine and restitution, the maximum penalty for the bank fraud charge preferred against him.
Mr Ponle as part of the guilty plea agreed to forfeit specific property derived directly and indirectly from proceeds traceable to the commission of the offense. Mr Ponle of Darby, Pennsylvania, is part of a prolific criminal organisation engaged in a massive bank fraud in several states, includingHe perpetrated the fraud by opening bank accounts using suspectedMr Ponle, along with other conspirators, whose identities have not been revealed, stole numerous business cheques from the United States mail, altered the names of the payees on the cheques to fraudulent names.
After the two-month period, individuals deposited large business cheques into the account and quickly withdrew the funds either by ATM withdrawals or by purchasing money orders at various money order vendors such as grocery and discount stores.
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