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Nigerian Man Declared Wanted For $31m Fraud In US
EKO HOT BLOG reports that a Nigerian man, Chidozie Collins Obasi, 29, has been declared wanted in the United States for defrauding US hospitals of $31 million by offering non-existent COVID-19 ventilators for sale.
The US Justice Department, in a statement on Friday, said Obasi perpetrated this fraud from Nigeria with the help of co-conspirators abroad from September 2018 to June 2020.
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According to the indictment sheet, Obasi is charged with one count of conspiracy to commit mail and wire fraud, six counts of mail fraud and 16 counts of wire fraud.
He is presently a fugitive, and the United States is seeking to locate and arrest him.
Obasi faces a maximum sentence of 21 years in prison, a five-year period of supervised release, and a $5,750,000 fine.
He would also be required to make full restitution of the more than $31,000,000 that he obtained by fraud.
Obasi and his accomplices allegedly obtained more than $31,000,000 through a complicated fraud scheme, the majority coming from the State of New York.
FURTHER READING
“The scheme alleged in the Indictment began in September 2018, with a spam email campaign that offered phony “work from home” jobs. When a person responded to the phony job offer, Obasi or a co-conspirator posed as a representative of a legitimate company, often a supposed medical equipment supplier based outside the United States, and offered the person a job as the company’s U.S. representative with responsibilities including collecting on outstanding invoices,” the statement partly reads.
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