Business
Nigerian Cybercrime: US Nabs Romance Fraudster Behind $2.5M Scheme
A Nigerian national admits guilt in a sophisticated $2.5 million romance and sextortion fraud targeting 150 Americans. This case exposes how digital platforms are exploited for illicit financial gains, underscoring the complex challenges in international cybercrime and money laundering.
InformationNG·September 23, 2026AI-curated
A 35-year-old Nigerian national, Olamide Shanu, has pleaded guilty in the United States to conspiracy to commit money laundering linked to international sextortion and romance fraud schemes that targeted about 150 Americans. US prosecutors said Shanu made more than $2.5 million f
nigeriacybercrimefraudmoney launderingunited states
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