Babatunde Francis Ayeni was sentenced to 10 years for orchestrating a phishing scam that defrauded over $20 million from American home buyers, impacting lives profoundly.
The scheme exploited business email compromise, tricking title companies and realtors into revealing sensitive data, which led to fraudulent wire transfers of significant amounts.
Ayeni and collaborators monitored email transactions, intercepting legitimate payment instructions to divert funds into accounts controlled by the scammers.
The emotional toll of the scam was evident, with victims testifying to heartbreaking losses, including one man trying to buy a home for his ailing father.
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