Three Nigerian Men Charged in US for Multi-Million Dollar Internet Fraud

Unraveling the Fraud: Nigerian Trio Indicted in US Investment Scheme

The United States Attorney’s Office for the District of New Jersey has indicted three Nigerian nationals for their roles in a multi-million dollar internet-enabled investment fraud scheme.

The suspects, Augustine Chibuzo Onyeachonam, Stanley Asiegbu (also known as “Stanislaus Asiegbu”), and Chukwuebuka Nweke-Eze, are accused of defrauding dozens of victims out of millions of dollars.

The indictment includes charges of wire fraud conspiracy, securities fraud conspiracy, identity theft conspiracy, and aggravated identity theft.

The suspects allegedly impersonated licensed FINRA representatives, spoofed websites, and misappropriated the seal of the U.S. Securities and Exchange Commission (SEC) to carry out their fraud.