Nigerian big boy, Frank Onyeachonam, who has a big mansion in the country, has been jailed for 8 years in the UK for running a lottery scam which targeted vulnerable pensioners. He was said to have stole from $3,000 to $800,000 and spent the money to fund his lavish lifestyle in London and in Nigeria. Details:
According to the Daily Mail, a fraudster nicknamed 'Fizzy' because of his love of champagne has been jailed for eight years for conning vulnerable pensioners out of their life savings. Frank Onyeachonam ran the UK end of global lottery scam that was orchestrated from his native Nigeria for seven years to fund his lavish millionaire’s lifestyle.
It involved hundreds of perpetrators in several countries, detectives say. In the UK, 38-year-old Onyeachonam conned pensioners out of sums from £2,000 to £600,000, deliberately targeting his victims because they were potentially vulnerable to his tactics.
While he bled them of their life savings, Onyeachonam enjoyed a life of fast cars, champagne and designer clothes...
Pictures he posted on Facebook show he spent the cash on Gucci, Louis Vuitton and Armani designer clothes, Rolex watches, Porsches and Maseratis.
He even stuck wads of what look like £50 notes in his Buzz Lightyear toy. Onyeachonam, of Canning Town, east London, was found guilty at the Old Bailey of conspiracy to defraud following a three-week trial.
Lawrencia Emenyonu, 38, and Bernard Armah, 51, both of Wood Green, north London, were also found guilty of money laundering. All three denied the charges. Emenyonu was jailed for 18 months while her partner Armah received an eight-month term.
Judge Rebecca Poulet QC, said there had been 'some very serious outcomes' for the victims caught up in the scam. She told married father-of-two Onyeachonam: 'I judge your culpability to be very high. This was a very well thought out operation, sophisticated in both its planning and its operation.
'Mr Onyeachonam, you targeted these individuals because they were elderly and likely to agree and be tricked by this scam.'
This was demonstrated in the fraudster’s own notes in which he described them as 'crippled, old or poor', she said. The harm that was caused to these people could not just be calculated in financial terms but also on the 'dreadful impact ' on their lives, mental capacity and relationships with loved-ones.
The judge went on: 'You contested the case in the face of powerful evidence. You demonstrated the arrogance that you must have carried with you throughout this fraud by continuing after you knew that the police had raided your premises.'
The ruse - known as an 'advance fee' fraud - saw Onyeachonam send victims emails claiming they had won millions of pounds on a non-existent Australian lottery and requesting a charge to release their winnings.
Investigators traced 14 victims - mainly from the U.S. but including one from Britain - who were defrauded of a total of around £900,000.
But detectives believe this is the 'tip of the iceberg' with evidence suggesting there may have been as many as 400 victims and the sum may be as high as £30 million.
Onyeachonam was seen as the key figure in UK but police suspect a criminal network was in place in several countries around the world. Authorities found an alleged co-conspirator abroad had an email containing the details of more than 100,000 potential victims. Check out more of his expensive stuffs:
The end of a fake lifestyle!
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