FOR IMMEDIATE RELEASE:
WEDNESDAY - October 7, 2009
CAPTURED FUGITIVE PLEADS GUILTY TO SCHEME TO DEFRAUD BB&T,
WACHOVIA, RBC CENTURA AND BANK OF AMERICA
GREENVILLE - A Raleigh man pled guilty in federal court yesterday to bank fraud, mail fraud and access device fraud announced United States Attorney George E.B. Holding. INHINLOLWA OJOMO, age between 41 and 43, pled guilty before United States Magistrate Judge David W. Daniel.
A Criminal Indictment charging Ojomo was initially returned by a Federal Grand Jury on July 23, 2003.
The investigation revealed that on October 17, 2002, Ojomo purchased money orders from a Raleigh post office using a debit card and a counterfeit out-of-state identification. The following day, when he appeared at another post office branch to cash one of the money orders, postal inspectors were called. However, Ojomo escaped. He remained a fugitive until his arrest in May, 2009, in New York.
According to the indictment, from July, 2002, to October, 2002, Ojomo schemed to defraud Branch Bank and Trust Company (BB&T), Wachovia Bank, Bank of America and RBC Centura out of $23,456.79.
Opening checking and savings accounts using two false names, Ojomo deposited stolen Capital One credit card checks into the accounts, then using the debit cards obtained from the accounts, made cash withdrawals and bought and cashed or tried to cash postal money orders.
For bank fraud, in violation of Title 18, United States Code, Section 1344, the maximum penalty is up to 30 years imprisonment followed by up to five years of supervised release and a fine of up to $1,000,000. For mail fraud, in violation of Title 18, United States Code, Section 1341, the maximum penalty is up to 20 years imprisonment followed by up to three years supervised release and a fine of up to $250,000. For access device fraud, in violation of Title 18, United States Code, Section 1029(a)(2), the maximum penalty is up to 10 years imprisonment followed by up to three years supervised release and a fine of up to $250,000.
Investigation of this case was conducted by the United States Postal Inspection Service. This case is being handled by the Office’s Economic Crimes Section. Assistant United States Attorney Felice McConnell Corpening is in charge of the prosecution.
News releases are available on the U. S. Attorney’s web page at www.usdoj.gov/usao/nce within 48 hours of release.