Us Based Nigerian Student Jailed For 4 Years For Over N1b Fraud

Amaechi Amuegbunam who lives in the United States has been sentenced to 46 months(4 years) in prison and was also ordered to pay $615, 555.12 for fraud to the tune of $3.7m.
The 30-year-old was involved in a sophisticated email phishing scam otherwise known as Business Email Compromise that caused $3.7m loss to some US companies. He pleaded guilty to commit wire fraud. He has been in custody since the time of his arrest in August 2015.

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