DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Nigerian Man Sentenced For Large Credit Card Fraud Scheme

Posted on January 27, 2012 by Dissent

U.S. Attorney Timothy Q. Purdon announced that on January 23, 2012, Adekunle Olufemi Adetiloye, a citizen of Nigeria and resident of Canada, was sentenced by U.S. District Chief Judge Ralph R. Erickson to 17 years and 10 months in federal prison for one of the largest and most complex credit card schemes in North Dakota banking history.

Adetiloye, 40, pleaded guilty on February 16, 2011, to participating in a scheme to defraud financial institutions and individuals out of money. Adetiloye was living in Toronto, Canada, from before January of 2005 to May of 2010, when he was extradited to the United States. During that time, Adetiloye funded a lavish lifestyle by conducting, with others, a massive fraud scheme accomplished by executing tens of thousands of fraudulent acts against individual people, financial institutions, commercial data providers, merchants, commercial mailbox companies, and state agencies.

Adetiloye’s scheme involved tens of thousands of acts of illegal conduct throughout the United States, as well as in Canada and England. Adetiloye and his co-conspirators fraudulently obtained the personal identification information from commercial data providers, such as LexisNexis and ChoicePoint, and with that information assumed the identities of those unsuspecting people to open credit card and other bank accounts at U.S. Bank and twenty other banks across the United States. Adetiloye used well over 100 different mail box addresses throughout the United States as well as approximately 100 different phone numbers with area codes representing all parts of the United States. Many of the 38,000 people whose identities were compromised filed statements with the Court detailing the awful disruption and chaos they experienced as a result of this fraud.

Along with the prison term, Adetiloye will be on supervised release for three years. A hearing regarding restitution and forfeiture has been scheduled for Feb. 15, 2012, in U.S. District Court in Fargo, at 9:00 a.m.

The case was investigated by the U.S. Postal Inspection Service. Assistant U.S. Attorney Nick Chase prosecuted the case.

Source: U.S. Attorney’s Office, North Dakota

Related posts:

  • National Health Care Fraud Takedown Results in 324 Defendants Charged in Connection with Over $14.6 Billion in Alleged Fraud
Category: ID Theft

Post navigation

← IN: IU Information Security responds to hacking of President’s Challenge website
Anonymous Sets Target for UFC’s Dana White →

1 thought on “Nigerian Man Sentenced For Large Credit Card Fraud Scheme”

  1. major_tom says:
    January 30, 2012 at 6:37 am

    Now THATS a statement. This needs to be on the front page of every paper in the USA. If it was, then people who do this sort of stuff, and the judges, prosecutors and lawyers can see what happens when some one messes with PII.

    Some may counter that 17-20 years is a bit extreme of a punishment for a crime that did not involve lives. No one knows for sure how many lives were ruined because of the financial stress. If you take 38,000n people, times it by an average family of four, you have a boatload of people effected. Thats just the family. Add in the 3 credit cards per, and 100,000 business accounts are probably involved.

    It used to be years ago, but North Dakota was the home to the most millionaires per square mile. I wonder if the schmuck planned to hit the more wealthy on purpose, or it was an US state that was close to the border. He probably thought he wouldn’t get caught since he lived across the border. Wrong.

Comments are closed.

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Integrated Oncology Network victim of phishing attack; multiple locations affected (2)
  • HHS’ Office for Civil Rights Settles HIPAA Privacy and Security Rule Investigation with Deer Oaks Behavioral Health for $225k and a Corrective Action Plan
  • HB1127 Explained: North Dakota’s New InfoSec Requirements for Financial Corporations
  • Credit reports among personal data of 190,000 breached, put for sale on Dark Web; IT vendor fined
  • Five youths arrested on suspicion of phishing
  • Russia Jailed Hacker Who Worked for Ukrainian Intelligence to Launch Cyberattacks on Critical Infrastructure
  • Kentfield Hospital victim of cyberattack by World Leaks, patient data involved
  • India’s Max Financial says hacker accessed customer data from its insurance unit
  • Brazil’s central bank service provider hacked, $140M stolen
  • Iranian and Pro-Regime Cyberattacks Against Americans (2011-Present)

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • On July 7, Gemini AI will access your WhatsApp and more. Learn how to disable it on Android.
  • German court awards Facebook user €5,000 for data protection violations
  • Record-Breaking $1.55M CCPA Settlement Against Health Information Website Publisher
  • Ninth Circuit Reviews Website Tracking Class Actions and the Reach of California’s Privacy Law
  • US healthcare offshoring: Navigating patient data privacy laws and regulations
  • Data breach reveals Catwatchful ‘stalkerware’ is spying on thousands of phones
  • Google Trackers: What You Can Actually Escape And What You Can’t

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.