Nigerian student jailed for four years in US over $3.7m fraud

A Nigerian student living in the United States, Amechi Amuegbunam, has been sentenced to 46 months in prison for perpetrating fraud to the tune of $3.7m.

Amuegbunam, 30, was also ordered to pay $615, 555.12 in restitution for his role in a sophisticated email phishing scam otherwise known as Business Email Compromise that caused $3.7m loss to US companies.
The Nigerian pleaded guilty in March 2017 to one count of conspiracy to commit wire fraud. He has been in custody since the time of his arrest in August 2015.FBI investigations in conjunction with the Economic and Financial Crimes Commission in Nigeria, led to the arrest of the convict.

Following the conviction of the Nigerian, the FBI commended the EFCC, for its dedication and support in bringing Amuegbunam to justice, the EFCC spokesman, Mr. Wilson Uwujaren, said in a statement.