Reported by: Ijeoma G | Edited by: Henry Owen
A federal jury in Wilmington, North Carolina, has convicted 34-year-old Nigerian national Saheed Sunday Owolabi for his role in a network of cyber fraud operations, marking another major step in U.S. efforts to clamp down on international online crime.
Owolabi was found guilty of conspiracy to commit wire fraud and conspiracy to commit money laundering, charges that carry a combined maximum sentence of 40 years in federal prison. Prosecutors said he participated in coordinated cyber schemes designed to steal from unsuspecting victims using sophisticated online tactics.
The conviction highlights the persistent threat of cross-border internet fraud and the growing determination of U.S. authorities to dismantle the networks behind them. While details of the broader scheme were not immediately disclosed, the case reinforces long-standing concerns about the scale and global reach of cybercrime rings involving foreign actors.
Owolabi is expected to be sentenced in the coming months, with federal investigators describing the case as part of a wider crackdown aimed at disrupting the flow of illicit funds across borders.
For many observers, the development underscores a deeper issue: cybercrime is no longer a remote, online nuisance but a coordinated criminal enterprise affecting individuals, businesses, and governments worldwide.
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