Nigerian man faces 20-year imprisonment in US over fraud, after pleading guilty - Newstrends
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Nigerian man faces 20-year imprisonment in US over fraud, after pleading guilty

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Nigerian man faces 20-year imprisonment in US over fraud, after pleading guilty

A 57-year-old Nigerian man, Oluseun Omole, has reportedly pleaded guilty to fraud in the United States (US).

According to a press release by Damian Williams, the United States Attorney for the Southern District of New York, Omole pleaded guilty before U.S. Judge Katharine H. Parker on charges borderingconspiracy to commit wire fraud.

The press release reads : “Damian Williams, the United States Attorney for the Southern District of New York, announced that OLUSEUN MARTINS OMOLE, aka “Seun Omole,” pled guilty today to conspiracy to commit wire fraud for his participation in a widespread scheme to defraud thousands of victims in the United States and elsewhere of thousands of consumer electronics and other goods totalling more than $12 million. Omole pled guilty before U.S. Judge Katharine H. Parker.

According to the allegations contained in the indictment and complaint, the plea agreement, and other public filings and statements made in court:

From at least in or about February 2018 through at least in or about March 2023, Omole participated in a criminal enterprise based in Nigeria (the “Enterprise”), which orchestrated various scams to defraud thousands of victims in the United States and elsewhere of more than $12 million in consumer electronics, including smartphones, smartwatches, laptops, and tablets, among other items. The scams perpetrated by the members of the Enterprise included (i) romance scams, in which Enterprise members sent electronic communications to victims feigning romantic intentions, gained their trust and affection, and took advantage of that goodwill to induce victims into sending consumer electronics and other money or property to Omole; (ii) online marketplace scams, in which Enterprise members sent electronic communications to victims feigning interest in buying consumer electronics, falsely represented to the victim that the items had been paid for, and instructed the victim to send the consumer electronics to Omole; and (iii) employment scams, in which Enterprise members posted phony jobs online and informed unwitting victims that they were hired before instructing victims to send electronics to OMOLE under the guise that those electronics were needed for the job (together, the “Fraudulent Electronics Scams”).

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During the relevant time period, Omole owned and operated a business corporation which claimed to be a distributor, re-seller, and supplier of satellite communications equipment. In reality, however, Tobylink served as a vehicle through which OMOLE received thousands of fraudulently obtained goods from victims of the Enterprise before repackaging and shipping those items to various co-conspirators located in Nigeria. During his participation in the conspiracy, OMOLE received and sent more than $12 million in consumer electronics and other items to other members of the Enterprise, in exchange for the equivalent of hundreds of thousands of U.S. dollars in fees that OMOLE charged other Enterprise members.

OMOLE, 57, of Sugar Land, Texas, pled guilty to one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison. As part of his plea agreement, OMOLE agreed to pay restitution in an amount to be ordered by the Court and to forfeit an amount of U.S. currency to be ordered by the Court, as well as various consumer electronics and other goods seized by law enforcement.

The maximum potential sentence in this case is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendant will be determined by a judge. OMOLE’s sentencing is scheduled for July 30, 2024, before U.S. District Judge Jesse M. Furman.

Mr. Williams praised the work of the Federal Bureau of Investigation. Mr. Williams also thanked Homeland Security Investigations for their assistance with the investigation.

The prosecution of this case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorney Jerry J. Fang is in charge of the prosecution.”

Source: United States Attorney’s Office, Southern District of New York.

Nigerian man faces 20-year imprisonment in US over fraud, after pleading guilty

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MURIC Urges Security Agencies to Protect JAMB Candidates, Exam Centres Nationwide

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Executive Director of MURIC, Professor Ishaq Akintola
Executive Director of MURIC, Professor Ishaq Akintola

MURIC Urges Security Agencies to Protect JAMB Candidates, Exam Centres Nationwide

The Muslim Rights Concern (MURIC) has called on security agencies in Nigeria to ensure maximum protection for candidates and officials participating in the forthcoming Joint Admissions and Matriculation Board (JAMB) examinations scheduled to begin on April 16, 2026.

In a press statement issued on Tuesday, April 14, 2026, the Islamic human rights organisation stressed the need for heightened security measures across all examination centres nationwide, citing growing insecurity in several parts of the country.

The statement, signed by the Executive Director of MURIC, Professor Ishaq Akintola, urged the Nigeria Police Force, the Nigerian Army, and the Nigeria Security and Civil Defence Corps (NSCDC) to collaborate effectively in safeguarding candidates and examination personnel throughout the examination period.

According to the group, the appeal became necessary due to rising security concerns in parts of northern Nigeria, where banditry, communal tensions, and violent attacks have continued to threaten public safety.

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MURIC specifically raised concerns about states such as Plateau, Borno, Katsina, Sokoto, and Kwara, warning that some of these areas remain vulnerable to attacks and mass abductions, particularly targeting young students and examination candidates.

The organisation warned that candidates travelling to and from examination centres could be at risk in volatile locations and called for “special attention” to ensure their safety before, during, and after the examinations.

It further urged security agencies to remain vigilant, noting that “eternal vigilance is the price of freedom,” and emphasised the need for proactive intelligence gathering and rapid response mechanisms to prevent any disruption of the exercise.

MURIC also highlighted the importance of securing examination venues themselves, stressing that any attack on candidates or officials would have far-reaching consequences on education and national development.

The group reiterated its commitment to advocating for peaceful coexistence and safety for all citizens, especially young Nigerians pursuing education.

The JAMB examination, conducted annually by the Joint Admissions and Matriculation Board, is a critical gateway for admission into tertiary institutions across the country, with hundreds of thousands of candidates expected to participate nationwide.

Security agencies are yet to issue a formal response to the appeal, but authorities have previously assured Nigerians of adequate protection during national examinations and other major public exercises.

MURIC Urges Security Agencies to Protect JAMB Candidates, Exam Centres Nationwide

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Lafarge Convicted of Terrorism Financing by French Court in Landmark Case

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Lafarge

Lafarge Convicted of Terrorism Financing by French Court in Landmark Case

A French court in Paris has found cement manufacturer Lafarge guilty of financing armed extremist groups during the Syrian civil war, in a landmark ruling that could reshape global standards on corporate responsibility in conflict zones.

The court ruled that the company’s Syrian subsidiary made payments to armed groups, including ISIS and the Nusra Front, between 2013 and 2014, in a bid to keep its cement plant in northern Syria operational during intense fighting.

The judgment also convicted eight former Lafarge employees, including senior executives, for authorising and facilitating the transactions, marking one of the most significant cases of terrorism financing in corporate operations ever handled in France.

According to the court, the payments amounted to approximately $6.5 million, allegedly used to secure safe passage for staff, maintain supply routes, and purchase materials from areas controlled by armed factions.

Presiding judge Isabelle Prévost-Desprez said the arrangement effectively created a “commercial relationship with armed groups,” stressing that economic survival was prioritised over legal and ethical obligations in a war environment.

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The case focused on Lafarge’s Jalabiya cement plant in northern Syria, acquired in 2008 and operating shortly before the outbreak of the Syrian civil war. Investigators told the court that funds were also used to ensure the movement of employees through territories controlled by militant groups.

The ruling has been described by legal experts as a historic precedent in corporate terrorism financing law, as it is among the first instances in France where a multinational company has been convicted for directly funding armed extremist organisations.

The court also examined Lafarge’s operational structure following its 2015 merger into Holcim, which has not yet issued a detailed response to the ruling.

Prosecutors had earlier sought financial penalties and asset confiscation, but the court has yet to announce the final sentence and full penalties in the case.

The verdict follows related proceedings in the United States, where Lafarge previously admitted that its Syrian subsidiary made improper payments to armed groups and agreed to a large financial settlement in a separate investigation.

Analysts say the ruling could have far-reaching consequences for multinational companies operating in high-risk conflict zones, forcing stronger compliance systems, stricter oversight, and tighter controls to prevent indirect funding of armed groups.

The case is widely seen as a turning point in global corporate accountability, highlighting the legal risks companies face when continuing operations in war-torn regions where militant groups exert territorial control.

Lafarge Convicted of Terrorism Financing by French Court in Landmark Case

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Tinubu Declares End to “Broken Revenue System”, Unveils New Economic Reforms

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President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

Tinubu Declares End to “Broken Revenue System”, Unveils New Economic Reforms

President Bola Ahmed Tinubu has declared that Nigeria has entered a new phase of economic transformation, insisting that the country will no longer operate a “broken, inefficient and unfair revenue system” as his administration intensifies fiscal and tax reforms.

Tinubu made the remarks in Abuja during the commissioning of the Nigerian Revenue Service (NRS) headquarters, where he reaffirmed that ongoing reforms are aimed at strengthening Nigeria’s tax system, improving revenue generation, and restoring public confidence in governance.

He described the reforms as a “covenant with Nigerians,” stressing that they are not political rhetoric but a deliberate effort to rebuild the country’s economic foundations and ensure long-term stability.

According to him, Nigeria is gradually transitioning “from uncertainty to renewed hope” through structural reforms designed to improve efficiency, fairness, and transparency in revenue administration.

The President emphasized that no country can achieve sustainable development with a weak fiscal structure, adding that his administration deliberately embarked on overhauling the system to eliminate leakages, improve compliance, and ensure that national revenue is effectively deployed for development.

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“No nation achieves lasting prosperity on a weak and fragmented revenue system,” Tinubu said, adding that government must earn public trust through a fair and transparent tax structure.

He noted that the reforms are focused on simplifying tax processes, reducing distortions, and creating a more investment-friendly environment that encourages both local and foreign investors.

Tinubu also highlighted early signs of progress, pointing to improvements in fiscal stability, stronger reserves, and increased investor confidence as indicators that the reforms are beginning to yield results.

He attributed these gains to what he called “deliberate policy choices and national discipline,” insisting that the government remains committed to long-term structural changes rather than short-term economic fixes.

The President described the newly commissioned NRS headquarters as a symbol of institutional renewal and administrative efficiency, noting that it represents more than just a physical structure.

“This building is more than concrete and steel. It is a symbol of professionalism, transparency, efficiency and service delivery,” he said.

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Tinubu also tasked the Nigerian Revenue Service with evolving beyond revenue collection into a trust-building institution that reflects accountability and fairness in its operations. He stressed that taxpayers must see clear value for their contributions through improved public services and national development.

“The Nigerian Revenue Service must not only collect revenue, it must build trust,” he said, adding that institutions must demonstrate integrity and responsiveness to citizens.

He further acknowledged the challenges associated with economic reforms, noting that while such policies may cause short-term hardship, they are necessary for long-term prosperity and national stability.

Tinubu urged Nigerians to remain patient and supportive of ongoing reforms, saying sustainable development requires shared sacrifice and collective commitment.

The President also reiterated that Nigeria’s future depends on deliberate policy choices and strong institutions capable of driving inclusive growth and global competitiveness.

“We have chosen reform, we have chosen discipline, we have chosen progress,” he said. “We will stay the course until the promise of Nigeria is matched by the performance of its institutions.”

The commissioning of the NRS headquarters marks a key milestone in the federal government’s broader economic reforms in Nigeria, particularly in tax administration and public finance management, as authorities push to diversify revenue sources beyond oil dependence.

Tinubu Declares End to “Broken Revenue System”, Unveils New Economic Reforms

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