Gang jailed for 43 years over £10m fraud

Thursday, May 9, 2019

Seven fraudsters have been jailed for a total of more than 43 years for hacking into email accounts to steal more than £10million pounds from victims in the UK and abroad.

The gang used computer malware to intercept and steal the log-in details of email accounts belonging to businesses and individuals to identify high-value financial transactions.

They then intercepted emails about these transactions and sent spoof emails, duping the victims into paying the funds into alternative UK-based “mule” bank accounts – accounts obtained and controlled by the fraudsters for this purpose - instead of the intended recipient.

The fraudsters also used the funds from mule accounts to buy and export thousands of pounds of baby milk to Nigeria, to launder the money.

One of the fraud victims was a small construction company with a small team of employees based in the south west of England. It was defrauded out of nearly £13,000 by the group in 2017 and had to close as a result.

A total of 69 victims provided evidence during the trial; many of them have been unable to recover their losses.

One of the victims of the fraud scheme was a small construction company that had to close as a result of losing nearly £13,000 to the group in 2017.

The men were arrested after a complex investigation was carried out by the Metropolitan Police Falcon Fraud squad.

Squad detective Chris Collins said: “This gang of fraudsters were unscrupulous, organised and prolific, and over a period of four years stole millions of pounds from unsuspecting businesses and individuals, and lived an extremely comfortable life with the profits.

“The frauds were brazen, and this gang clearly thought they could continue with their criminal lifestyle without detection.

 “I hope this conviction sends a strong message to online fraudsters: we have the ways and means of tracing you and we will seek to bring you to justice.”

 

Bonaventure Sunday Chukwuka

 

Bonaventure Sunday Chukwuka, 41 (21.08.77) of Roding Gardens, Loughton was found guilty of conspiracy to commit fraud by false representation, and conspiracy to conceal/transfer criminal property (money laundering). He was also found guilty of possession of a prohibited item (a phone) in prison sentenced to 11 years' imprisonment.
 

Andrew Chike Chukwu

 

Andrew Chike Chukwu, 35 (19.09.83) of River Road, Buckhurst Hill was found guilty of conspiracy to commit fraud by false representation and conspiracy to conceal/transfer criminal property - sentenced to 10 years’ imprisonment.
 

Emmanuel Chike Chukwuka

 

Emmanuel Chike Chukwuka (brother), 27 (11.12.91) of Roding Gardens, Loughton was found guilty of conspiracy to commit fraud. He was found not guilty of conspiracy to money launder - sentenced to two years and eight months’ imprisonment.
 

Nadeem Abbasi

 

Nadeem Abbasi, 48 (20.04.70) of St Michaels Avenue, Wembley pleaded guilty to conspiracy to convert/conceal criminal property - sentenced to two years and three months’ months imprisonment.

 

Mansoor Zaman

 

Mansoor Zaman, 27 (31.03.91) of no fixed abode was found guilty of conspiracy to commit fraud by false representation, and conspiracy to conceal/transfer criminal property. He was sentenced to six years and nine months’ imprisonment.

 

Ionut Relu Muresan

 

Ionut Relu Muresan, 34 (09.09.84) of Long Deacon Road, E4 pleaded guilty to conspiracy to commit fraud and conspiracy to money launder - sentenced to five years’ imprisonment.

 

Mohammed Rahman

 

Mohammed Rahman, 31 (25.12.87) of Garnies Close, Peckham was found guilty of conspiracy to commit fraud by false representation and conspiracy to conceal/transfer criminal property – to be sentenced at a later date.

Queen Chukwuka, 32 (01.10.86) of Roding Gardens, Loughton was found guilty of acquiring/possessing criminal property - sentenced to a community order.

Grace Plange Chukwu, 39 (20.02.80) of River Road, Buckhurst Hill was found guilty of acquiring/possessing criminal property – conditional discharge.

Christian Chukwuka (brother), 39 (24.12.79) of Latchetts Shaw, Basildon, Essex was found guilty of conspiracy to commit fraud by false representation and conspiracy to conceal/transfer criminal property - sentenced to five years and nine months’ imprisonment.

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