A Nigerian man, Yomi Olayeye, has been arrested for allegedly masterminding a massive unemployment benefits fraud scheme in the United States. Olayeye, who is accused of stealing over $10 million in benefits meant for unemployed Americans, was apprehended following an extensive investigation by U.S. authorities.
According to federal prosecutors, Olayeye used a network of fake identities and exploited loopholes in the unemployment system to siphon off millions of dollars during the height of the COVID-19 pandemic. The funds were reportedly funneled through multiple accounts, making the scam one of the largest of its kind in recent history.
Olayeye’s arrest has sent shockwaves through both the U.S. and Nigerian communities, highlighting the ongoing issue of international fraud. He is now facing charges that could lead to decades in prison if convicted. The U.S. government has vowed to pursue all involved in the scheme, underscoring their commitment to cracking down on fraudsters who exploit public assistance programs.
Source:The Cable
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