Money laundering: US-based Nigerian jailed seven years

A Nigerian man, Adedayo Fateru, has been sentenced to seven years in US prison for his role in a $1.7m money laundering scheme. Read more on Punch.

The four convicts were said to have sold their personal information to one Afeez Animashaun, who allegedly approached them at Mushin Market in Lagos, where they carried out their businesses

A security worker who was jailed for money laundering has had his security guard certificate and company licence cancelled.

A Nigerian citizen and U.S. permanent resident, Adedayo Fateru, has been sentenced to 87 months in prison for his role in a money laundering scheme involving approximately $1.7 million in fraud proceeds in the United States.

August 04, 2026 3:33 PM ET Wall Street executives abetted notorious pedophile Jeffrey Epstein by executing wire transfers to his victims and powerful friends while shielding him from law enforcement, according to a new Senate investigation.Epstein’s “suspicious” bank transfers totaled $1 billion, the report alleges. JP