Alade Kazeem Sodiq Sentenced To Money Laundering

Transnational Money Launderer, Alade Kazeem Sodiq Sentenced To 50 Months In Prison
Dubai-Based Alade Sodiq and Others in the United States and Europe Conspired to Use Phone “Spoofing” Service and Other Means to Transfer Millions in Fraudulently Obtained Funds

(STL.News) Audrey Strauss, the United States Attorney for the Southern District of New York, announced today that ALADE KAZEEM SODIQ, a/k/a “Eluku,” was sentenced in Manhattan federal court to 50 months in prison for conspiracy to commit money laundering.  SODIQ, a money launderer who operated in Dubai, United Arab Emirates, was charged in 2019 along with Habeeb Audu, Abdulai Kennedy Saaka, Dominic Francis Labiran, and Yusuf Owolabi Abdul.  SODIQ pled guilty on November 19, 2020, to one count of conspiracy to commit money laundering, before U.S. District Judge Katherine Polk Failla, who also imposed today’s sentence.

U.S. Attorney Audrey Strauss said: “Using a widely available telephone ‘spoofing’ service and other deceitful means, Alade Sodiq, in concert with others, was able to steal and conceal millions of dollars in victim funds.  Sodiq has rightly received a significant sentence for his crimes.  This Office is committed to working with the FBI to uncover and uproot organizations like Sodiq’s that would exploit the U.S.

This News Alade Kazeem Sodiq Sentenced To Money Laundering appeared first on STL.News.

Source link

Author: Admin
STL.News is owned by STL.News, LLC, but hosted and maintained by WebTech Group (WTG). STL.News, LLC and WebTech are affiliated companies, both located in St. Louis, Missouri. We publish news from across the country, state-by-state. Our primary objective is to provide unbiased, timely news stories that we obtain direct from the source. We do not add our “opinion” to the news stories. Our intent is to maximize the online visibility of the news content with our highly optimized “search engine friendly” website with news that is, in many cases, is lost in the massive amounts of web content and/or distributed by poorly managed or out dated technology, hiding what might be relevant and important news to many consumers.