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Nigerian National Gets 71 Months for Crypto-Enabled Romance Scam Targeting Colorado Widow

Prosecutors say he posed as “Frank Labato” to funnel nearly $1.7 million through cryptocurrency exchanges before cashing out.

Overview

  • Adetomiwa Seun Akindele, 37, pleaded guilty to one count of wire fraud and one count of money laundering.
  • He was ordered to pay $1,692,945 in restitution along with an equal forfeiture judgment and will be deported to Nigeria after his sentence.
  • The scheme in 2018 targeted a widowed Colorado woman after Akindele fabricated a wealthy Italian American persona on a dating site.
  • At his direction the victim opened a crypto exchange account, and he moved the funds across multiple platforms before converting them back to dollars and depositing them into his bank accounts.
  • He executed three fraudulent promissory notes to reassure the victim; the FBI Denver Field Office investigated, and Judge Charlotte N. Sweeney handed down the sentence.