$1 Million Fraud! Fawaz Animasaun Jailed In America
Nemesis has caught up with a yahoo boy who exported his yahoo business to America.
Fawaz Olanrewaju Animasaun will spend the next two years in jail in the United States for defrauding East Texans and others out of nearly $1 million.
27-year-old Animasaun, was traveling to the U.S. from Ghana, through Amsterdam, when he was arrested at the airport in New York in November last year.
He is one of two persons named in a federal indictment for charges of aggravated identity theft and conspiracy to commit bank fraud, as well as aiding and abetting.
Under a plea agreement finalized in May, Animasaun is serving three years in prison on the conspiracy charge.
He will also be returning all the money he has stolen to the banks he stole them from.
The court ordered him to pay $930,737.60 in restitution to three financial companies.
Court documents show Animasaun will pay $135,989 to East Texas-based Austin Bank as part of that restitution.
In addition, the agreement states that Northern Trust Company is due $46,800 and UMB Financial Corporation is due $747,948.60.
Animasaun and his alleged accomplice Idowu Temitope Omolade, also from Nigeria, are believed to be involved in at least 21 fraudulent wire transfers between April and August of 2012.