Overview

• Nnamdi Opara, 30, was charged with two counts of bank fraud and five counts of money laundering, prosecutors announced Sept. 22.
• Charging documents allege he obtained two U.S. Treasury checks issued to AFGO Mechanical Services, Inc., a New York company.
• Investigators say he registered a Massachusetts entity with the same name, listing himself in multiple officer roles.
• He allegedly deposited the checks into an account he controlled tied to the Massachusetts entity, which had never filed a federal tax return, and conducted transactions to conceal the funds.
• The inquiry involves IRS Criminal Investigation and the U.S. Postal Inspection Service; the case is pending in federal court and carries statutory maximum penalties of up to 30 years for bank fraud and up to 20 years for money laundering, with the defendant presumed innocent.