"Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role"
"Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role"
A Nigerian national residing in South Africa has recently pleaded guilty in court in the United States to his role in a million-dollar business email compromise (BEC) fraud scheme. The man, Kosi Goodness Simon-Ebo, 29, was extradited to the US from Canada in April 2023. According to the Department of Justice (DoJ), Simon-Ebo was involved in a conspiracy to commit BEC fraud and money laundering with total intended losses of close to $7 million. The actual loss from the scheme, however, was of just over $1 million. Simon-Ebo admitted in court to gaining unauthorized ac