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An Austin-based Nigerian fraudster who netted more than $1 million in scams was sentenced to federal prison Tuesday, according to U.S Department of Justice officials.
Kingsley Otuya, 34, will serve an 11-year sentence after he pleaded guilty to conspiracy to commit money laundering.
Multiple victims faced serious financial hardship as a result of these schemes, and one person who sent money to Otuya took her own life after losing hundreds of thousands of dollars.
Otuya opened nine different bank accounts under fake names. He was also responsible for withdrawing money from these bank accounts where the victims deposited their funds.
“This case brutally illustrates how fraud schemes hurt victims not only financially but also emotionally,” U.
S. Attorney John F. Bash said. Otuya will likely be deported to Nigeria as a result of this conviction.
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