Nigerian Man Sentenced to 95 Months in US Over $3.1m Money-Laundering Scheme
A Nigerian national, Oluwasegun Baiyewu, has been sentenced to 95 months in a United States prison for his role in a money-laundering conspiracy involving more than $3.1 million linked to multiple fraud schemes. Court records state that Baiyewu, 40, of Houston, Texas, coordinated the laundering of proceeds from business email compromise, romance and unemployment-insurance fraud schemes between May 2020 and October 2021. He allegedly worked with at least six co-conspirators in the United States and Nigeria. The group reportedly used illicit funds to buy salvaged cars in the US and ship them to Nigeria and other parts of West Africa. In one case, about $280,000 was stolen from a renewable-energy company in Puerto Rico through a business email compromise scam and used towards vehicle purchases. A federal jury convicted Baiyewu of conspiracy to commit money laundering in August 2025. The case was investigated by US law-enforcement agencies, including the FBI and the US Postal Inspection Service.
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