Tech Entrepreneur Charged with Fraud and Terrorism Funding Involving Cryptocurrency and Phishing

Tuesday, 16 July 2024, 23:23

The FBI has arrested and charged tech entrepreneur Kingsley Inegbedion for his alleged involvement in romance scams and business email compromise schemes, posing a threat to the economy and national security. In collaboration with an accomplice still at large, Efemena Igbe, Inegbedion misrepresented themselves as legitimate business owners, defrauding American citizens from April 2020 to May 2023. This sophisticated scheme emphasizes the ongoing risks associated with cryptocurrency and phishing activities, requiring heightened vigilance in the digital realm.

Punchng — Tech Entrepreneur Charged with Fraud and Terrorism Funding Involving Cryptocurrency and Phishing

Arrest of Technopreneur Kingsley Inegbedion

The FBI has arrested and charged Kingsley Inegbedion, linking him to alleged fraud and terrorism funding through cryptocurrency and phishing endeavors.

Collaboration with Accomplice Efemena Igbe

Inegbedion worked with Efemena Igbe, who remains at large, to execute romance scams and business email compromises dolled up as legitimate business ventures.

Efforts to Defraud American Citizens
Inegbedion and Igbe duped numerous American citizens between April 2020 and May 2023, posing a significant threat to financial security.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Arrest of Technopreneur Kingsley Inegbedion

Collaboration with Accomplice Efemena Igbe

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