#WhiteCollarCrime

Two British-Nigerian men sentenced over multimillion-dollar business email scam

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October 3, 2024 at 08:39AM British-Nigerian men Oludayo Kolawole John Adeagbo, 45, and Donald Ikenna Echeazu, 42, have been sentenced for email fraud schemes in the US, earning millions. Adeagbo was sentenced to seven years for affecting Texas and North Carolina organizations, while Echeazu received 18 months. Their scams involved construction projects and local government … Read more

Justice Department Beefs up Focus on Artificial Intelligence Enforcement, Warns of Harsher Sentences

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March 12, 2024 at 05:57AM The Justice Department is intensifying its focus on AI, warning of harsher sentences for those misusing the technology in white-collar crimes. Deputy Attorney General Lisa Monaco emphasized evaluating AI risk management in corporate compliance programs. This highlights concerns over AI misuse by foreign adversaries or criminals and informs business leaders … Read more