Two Nigerian-born men, Olumide Olorunfunmi (40) and Emmanuel Unuigbe (43), have been sentenced to 30 months in prison each for laundering millions of dollars obtained from scams targeting hundreds of victims across the United States. The duo will also serve three years of supervised release and were ordered to pay over $4.6 million in restitution.
The U.S. Department of Justice revealed that Olorunfunmi and Unuigbe conspired between 2020 and 2023 to launder proceeds from romance scams and business email compromise schemes, targeting over 125 victims, mostly elderly Americans. They funneled the stolen funds through domestic and international bank accounts, using black-market currency exchanges to convert some of the money to Nigerian Naira.
U.S. Attorney Russ Ferguson announced the sentencing, praising the FBI’s investigation. The duo had pleaded guilty earlier this year. A third accomplice, Samson Amos, received five years of probation, including six months of home confinement, and was also ordered to pay restitution.
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