In recent months, the U.S. has seen a rise in prison sentences for Nigerian cybercriminals, with some receiving lengthy terms. Babatunde Francis Ayeni, a Nigerian national extradited from the UK, was sentenced to 10 years for his involvement in a business email compromise (BEC) scheme targeting real estate transactions. Ayeni and his co-conspirators used phishing to steal the email credentials of U.S. real estate agents and attorneys. They then redirected funds from significant real estate transactions by sending fraudulent instructions to victims, directing them to wire money to accounts they controlled. Continue here.
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