A fraudster in the United States has been arrested by security operatives after he defrauded a victim.
A Nigerian man, Sherifdeen Mogaji has been arrested by Colorado’s Boulder County Sheriff’s Office more than three years after he stole about $850,000 from the Boulder Valley School District in an email scam.
Information provided by the arrest affidavit published by the local Fox News station, Sherifdeen Mogaji, 39, was arrested on February 21 and booked into the Boulder County Jail on suspicion of theft of $100,000 to $999,000, computer crime and forgery.
The arrest affidavit states that Mogaji used a New York driver’s license number to open a TD Bank account where the funds were deposited.
The DMV photo was used in comparison with the surveillance photo of the suspect opening the bank account, according to the arrest documents.
The arrest documents also state that Mogaji spent around $371,000 in a few months and wired money to himself in Nigeria. He also spent $31,000 on student loan payments, according to the documents.
Sherifdeen Mogaji caught on Camera opening bank account for the fraud and right his driving licence photo
The district first realized the scam when the contractor, Adolfson and Peterson Construction, asked for payments that already had been made.
The district said a sophisticated email that included a forged signature was sent to its office asking for a form to change payment routing information.
The district then filled out the form and made four payments to a fraudulent account, which totalled $852,733.83, according to the arrest affidavit.
Authorities were able to recover about $500,000 by freezing the fraudulent account.
The district said insurance covered another $200,000, leaving the district with $172,000 stolen.
Source: News update