Adindu tricked victims into wiring more than $25m into bank accounts he opened in China.
The prosecutors said,such scams are known as “business email compromise”,adding that the FBI had found that business email compromise scammers often used Chinese bank accounts.
It would be recalled that, Adindu was arrested at a Houston airport in 2016. He was said to be residing in both Guangzhou, China, and Lagos,Nigeria during the period of the crime.
The court was further told that he worked with others to carry out business email compromise scams from 2014 to 2016.
Prosecutors said the scammers’ targets included an unnamed New York investment firm, where an employee received an email claiming in June 2015 to be from an investment adviser at another firm asking for a $25,200 wire transfer.
The prosecutors said employee later learned the email was not actually sent by that adviser and as a result did not comply with a second wire transfer request for $75,100, according to the indictment.
‘I think the judge accurately assessed his relatively minor role in this conspiracy,” Conroy said.