48°
Onyewuchi Victor Ibeh, 33, of Mitchellville, and Jason Eugene Joyner, 42, of Hyattsville, participated in the scheme to launder proceeds by infiltrating computer systems of victim companies through phishing and malware attacks, according to the Department of Justice.
Once the pair would gain access to the accounts, prosecutors said they would pose as the victim's business partner and claim the bank account information has changed so the victim business sends money to accounts controlled by them.
The duo and their co-conspirators laundered over $13 million from the victim businesses through various bank transactions using dozens of accounts that they, directly and indirectly, controlled, officials said.
Joyner's role was the withdraw the proceeds in cash and deliver the funds to co-conspirators.
Ibeh's role was to manage the money laundering by causing the conspirators to open bank accounts that he would use to wire money domestically and internationally.
Ibeh spent some of the fraud money on luxury items, including a custom jewelry piece costing close to $40,000, investigators noted.
Ibeh and Joyner conspired with, among others, Anthony Ayeah and Mouaaz Elkhebri, both of whom have also been convicted of conspiracy to commit money laundering.
Ibeh and Joyner were convicted of conspiracy to commit money laundering and money laundering.
Each face a maximum penalty of 20 years in prison when sentenced on Nov. 4, 2022.
Click here to follow Daily Voice Glen Burnie and receive free news updates.
