Nigerian-American gets 18-month jail term for dividend fraud in US

Nigerian-American gets 18-month jail term for dividend fraud in US

A Nigerian-American has been jailed 18 months in the U.S. for attempting to defraud Alaska’s dividend programme.

A Nigerian-American, Adepoju Salako, 33, has been sentenced to 18 months in prison for attempting to fraudulently obtain over $22,000 from Alaska’s Permanent Fund Dividend programme. According to the U.S. Attorney’s Office, District of Alaska, Salako pleaded guilty to seven counts of wire fraud after hijacking residents’ online accounts to redirect payments.

Court documents showed he accessed “myAlaska” accounts, altered email addresses and redirected funds to accounts under his control while masking his location with a VPN. Authorities detected and blocked all seven applications. U.S. Attorney Michael Heyman said, “Mr. Salako spent considerable time planning and perpetrating his scheme to defraud the Alaska PFD.

“Thanks to the great work of the Alaska Department of Revenue and FBI, he didn’t succeed; but even attempting to defraud the PFD will not be tolerated and could result in federal prison.”

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