Fraud Gang Worked Hard to Scam Banks and Identity Theft Victims

 

FRAUD

 

Ringleader wins 7-year stretch in slammer

ALEXANDRIA, VA—It’s really hard work to run a bank fraud gang, stealing from innocent victims and banks. The FBI reports that Taofik Gbadamosi, 42, of Bowie, Maryland, was sentenced on Friday to seven years in prison, followed by four years of supervised release, for supervising a bank fraud and identity theft scheme in the Washington, D.C. metro area. Gbadamosi also was ordered to pay restitution and forfeiture of approximately $781,697.

Dana J. Boente, U.S. Attorney for the Eastern District of Virginia; Andrew G. McCabe, Assistant Director in Charge of the FBI’s Washington Field Office; Kathy A. Michalko, Special Agent in Charge of the U.S. Secret Service’s Washington Field Office; and Earl L. Cook, Alexandria Chief of Police, made the announcement after sentencing by U.S. District Judge Liam O’Grady.

Gbadamosi pleaded guilty on May 29, 2014 to conspiracy to commit bank fraud and aggravated identity theft. According to court documents, Gbadamosi and his co-conspirators opened business accounts at banks in the Washington metro area, including in the Eastern District of Virginia, and the group funded the accounts through stolen and counterfeit checks and unauthorized wire transfers.

Gbadamosi was a manager and supervisor in the conspiracy, driving other conspirators from bank to bank and directing them to withdraw stolen funds. Gbadamosi gave false identification documents to his co-conspirators, who would then enter the banks and use the IDs to cash checks drawn on the fraudulently funded accounts. These IDs contained the names and birthdates of real people who did not know their identities had been stolen. On at least one occasion, Gbadamosi gave the real driver’s license of an individual to a co-conspirator, whom Gbadamosi then directed to make unauthorized withdrawals from that individual’s bank account.

Gbadamosi is the second co-conspirator to be sentenced in the case. On March 14, 2014, Samuel Goines was sentenced to five years in prison and three years of supervised release. Gbadamosi managed and supervised Goines during his participation in the conspiracy.

This case was investigated by the FBI’s Washington Field Office, U.S. Secret Service, and Alexandria Police Department. Assistant U.S. Attorney Kosta S. Stojilkovic and Special Assistant U.S. Attorney William E. Johnston prosecuted the case.

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