Connect with us

    Hi, what are you looking for?

    World

    U.S. Auctions Seized Luxury Items from Convicted Nigerian Official Abidemi Rufai – Ravenewsonline

    Abidemi Rufai, a former Ogun State official, was jailed in the United States on September 26, 2022, for wire fraud and aggravated identity theft.

    He attempted to steal nearly $2.4 million from the U.S. government using stolen identities, including approximately $500,000 in pandemic-related unemployment benefits.

    Rufai succeeded in defrauding 12 U.S. agencies of $600,000, which was paid into bank accounts he controlled.

    Based on his plea agreement, Rufai agreed to pay full restitution of $604,260 to the defrauded agencies.

    To partially offset this amount, the U.S. government auctioned two valuable items seized from him during his arrest—a Cartier watch and a gold chain necklace.

    The watch sold for $4,720.00, and the necklace fetched $3,160.00, yielding net proceeds of $7,086.69 after deducting shipping expenses and sales commission.

    These proceeds were applied to Rufai’s restitution balance, leaving him indebted to the U.S. government for $597,573.312.

    Rufai was released from prison in mid-November 2024, but his current whereabouts remain unknown.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Africans are better educated today than they have been at any other time, with many African nations making strides towards ensuring access to quality...

    World

    European Union (EU) lawmakers and member states have reached a political agreement to ban all imports of Russian natural gas into the bloc by...

    News

    Nigeria-South Africa Chamber of Commerce (NSACC) celebrated its 25th anniversary with a high-profile dinner in Lagos, drawing corporate leaders, diplomats, and state officials to...

    Tech

    MTN Y’ello Tide is the gift that keeps giving, with MTN exciting Nigerians through a season filled with yellow gifting, digital rewards, and festive...