FBI linked Nigeria online fraud schemes with an Oregon company’s case of illegally accepting payments through an unlicensed money-transmitting business.
Online Fraud Schemes in Nigeria Linked with Oregon Company’s Case of Accepting Payments Through Unlicensed Money-Transmitting Business
FBI revealed the connection between the Nigeria online fraud schemes and the case of the Oregon company, commonly known as Blount, Inc., which was trapped with online fraud schemes after illegally accepting payments through an unlicensed money-transmitting business.
According to a report published in the United States Attorney’s Office, several criminal organizations based in Nigeria have been using online fraud schemes to target people, especially women aged 60 and above, who are reportedly easily victimized in online fraud schemes through romance scams.
Despite the online fraud schemes in Nigeria, Blount’s distributors accepted payments using an unlicensed money-transmitting business for their products, leading to the involvement of the Oregon company in the online fraud schemes without them knowing that the payments were from fraud cases.
Oregon Company to Distribute Funds to Victims of Online Fraud Schemes and Pay $1.7 Million Following the Case
After the FBI discovered the involvement of the Oregon company in the Nigeria online fraud schemes, the company terminated its association with Nigerian distributors, Tookitaki reported.
Following the thorough investigation, the Oregon company will also pay $1.7 million and is expected to distribute the received funds to all the victims of the online fraud schemes, which have always been one of the major problems in Nigeria.
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