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Date: 06-24-2018
Case Style:
United States of America v. Olajide Abraham Eyitayo
Eastern District of Virginia - Federal Courthouse - Alexandria, Virginia
Case Number: 1:17-cr-269
Judge: Claude M. Hilton
Court: United States District Court for the Eastern District of Virginia (Arlington County)
Plaintiff's Attorney: Jamar K. Walker and Ryan S. Faulconer
Defendant's Attorney: Cadence Mertz
Description: Alexandria, VA - Man Sentenced to Prison for $1.1 Million Email Phishing Scam
A New York man was sentenced on June 22, 2018 to 32 months in prison for defrauding a Virginia-based trade association out of more than $1.1 million in an email phishing scam.
According to court documents, Olajide Abraham Eyitayo, 46, of Hempstead, opened three banking accounts in January 2016 using a company that he formed in New York. From January through April 2016, the accounts were essentially dormant, and as of April 25, 2016, the combined balances of the three accounts were less than five dollars. On that day, a Virginia-based trade association approved a payment of more than $280,000 intended for a travel vendor, but the payment went to one of Eyitayo’s accounts. The association had changed the payment information for the vendor the month before, when a “spoof” email impersonating that vendor requested the payment information be changed to the account number that belonged to Eyitayo.
Over the next several months, Eyitayo received two more payments into his account that were intended for the association’s travel vendor. In total, Eyitayo received more than $1.1 million in fraudulent proceeds. Eyitayo spent and laundered the money in a variety of ways designed to conceal the scheme and the recipients of the crime’s proceeds. For example, Eyitayo purchased cars that he sent to his brother in Nigeria, wired money to and from various bank accounts and third parties, and spent other proceeds on personal expenses.
When the victim and bank caught on, Eyitayo told a variety of false and misleading stories to bank officials and law enforcement, and claimed that he worked in the lingerie business and falsely claimed that the first fraudulent deposit was for that business.
G. Zachary Terwilliger, U.S. Attorney for the Eastern District of Virginia, and Nancy McNamara, Assistant Director in Charge of the FBI’s Washington Field Office, made the announcement after sentencing by Senior U.S. District Judge Claude M. Hilton.
Outcome: Defendant was sentenced to 32 months in prison.
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Defendant's Experts:
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