US Jury Convicts Babajide Adesayo in $2.7m Romance-Fraud Money Laundering Case

A US federal jury has convicted Babajide Adesayo, 41, of conspiracy and transactional money laundering in a romance-fraud scheme involving more than $2.7 million. Prosecutors said Adesayo continued receiving and transferring suspected fraud proceeds after his June 2024 arrest and release on bond. His bond was later revoked, and he has been in federal custody since March 2026. Court evidence showed that elderly victims were deceived online by people posing as romantic partners, friends or business associates. They were persuaded to send money for fake emergencies, business equipment and medical claims. Adesayo is accused of moving the funds through business accounts and sending money to accounts in Nigeria, China, Hong Kong and other countries. He is due to be sentenced on November 20, 2026, and could face lengthy prison terms.

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