News

Bowie Man Sentenced to Almost Four Years for Bank Fraud and Money Laundering

FOR IMMEDIATE RELEASE
MARCH 5, 2008

Greenbelt, Maryland - U.S. District Judge Alexander Williams, Jr. sentenced Olugbenga Kamoru, age 39, of Bowie, Maryland today to 46 months in prison followed by three years of supervised release for bank fraud and money laundering, announced United States Attorney for the District of Maryland Rod J. Rosenstein.

According to trial testimony, Kamoru obtained a $200,000 check in November 2006 issued by a New Jersey-based business intended for a New York-based business. Kamoru, unbeknownst to either the payor or intended payee of the check, altered the named payee to “Bolu Motors Incorporation.” Kamoru was one of the principals of Bolu Motors Corporation. Kamoru caused the $200,000 check to be deposited into a business bank account for Bolu Motors for which Kamoru had signatory authority.

After the $200,000 check cleared, Kamoru withdrew the fraudulently deposited funds from the Bolu Motors account in the form of cash, checks and cashier’s checks. Kamoru used some of the fraudulently obtained funds to purchase a 2000 Lexus GS 300, a 2003 Honda Accord and a 2001 Mercedes Benz C320 from a local car dealership.

United States Attorney Rod J. Rosenstein thanked the U.S. Secret Service for its investigative work, and commended Assistant United States Attorneys Jonathan C. Su and James A Crowell IV, who prosecuted the case.

 

Return to Top

USAO Homepage
Maryland Exile
Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Stop Fraud.gov

Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.

Don't Lose Yourself in a Gang

Talk to your kids about gangs and how to avoid them.

Maryland Human Trafficking Task Force
Stay Connected with Twitter
|

Return to Top

USAO Homepage
Maryland Exile
Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Stop Fraud.gov

Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.

Don't Lose Yourself in a Gang

Talk to your kids about gangs and how to avoid them.

Maryland Human Trafficking Task Force
Stay Connected with Twitter
|

Return to Top

USAO Homepage
Maryland Exile
Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Stop Fraud.gov

Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.

Don't Lose Yourself in a Gang

Talk to your kids about gangs and how to avoid them.

Maryland Human Trafficking Task Force
Stay Connected with Twitter
|

Return to Top

USAO Homepage
Maryland Exile
Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Stop Fraud.gov

Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.

Don't Lose Yourself in a Gang

Talk to your kids about gangs and how to avoid them.

Maryland Human Trafficking Task Force
Stay Connected with Twitter
|

Return to Top

USAO Homepage
Maryland Exile
Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Stop Fraud.gov

Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.

Don't Lose Yourself in a Gang

Talk to your kids about gangs and how to avoid them.

Maryland Human Trafficking Task Force
Stay Connected with Twitter