Feeds

Internet fraud laundryman gets two years in cooler

Handed over suitcase with £470,000 to man in car park

The Essential Guide to IT Transformation

An internet fraudster was sentenced to two years prison yesterday for his part in a gang which pocketed hundreds of thousands of pounds from various web-based scams.

Michael Ugboaja, 48, of Beckton, was sentenced for his part in laundering £470,000.

The gang targeted a Canadian doctor on a dating site and persuaded her to hand over $100,000 (£62,500) to a man she believed to be a diamond dealer.

An accountant from Melbourne, who was tricked by a series of emails and meetings, handed over A$1.7m (£1.14m) in the belief he would receive a A$500m loan.

The Aussie beancounter had meetings in Dubai and England with different members of the gang and was even shown a trunk full of cash to convince him the scam was genuine.

A Swiss hotel owner lost £11,000 that he believed was being invested in oil.

Over four months, £470,000 was paid into an account opened by Ugboaja. He took the money out in cash and handed it to an unknown man in a supermarket carpark. The cash was never recovered.

The leaders of the gang have still not been traced.

The Metropolitan Police statement is here. ®

Boost IT visibility and business value

More from The Register

next story
Just TWO climate committee MPs contradict IPCC: The two with SCIENCE degrees
'Greenhouse effect is real, but as for the rest of it ...'
Adam Afriyie MP: Smart meters are NOT so smart
Mega-costly gas 'n' 'leccy totting-up tech not worth it - Tory MP
'Blow it up': Plods pop round for chat with Commonwealth Games tweeter
You'd better not be talking about the council's housing plans
Arrr: Freetard-bothering Digital Economy Act tied up, thrown in the hold
Ministry of Fun confirms: Yes, we're busy doing nothing
ONE EMAIL costs mining company $300 MEEELION
Environmental activist walks free after hoax sent share price over a cliff
Help yourself to anyone's photos FOR FREE, suggests UK.gov
Copyright law reforms will keep m'learned friends busy
Apple smacked with privacy sueball over Location Services
Class action launched on behalf of 100 million iPhone owners
UK government officially adopts Open Document Format
Microsoft insurgency fails, earns snarky remark from UK digital services head
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.