Ghanaian Man Sentenced To 9 Years As Money Launderer In US For Over $36M Scam
- A US-based Ghanaian named Fred Asante has been jailed for nine years for his role in a money-laundering scandal involving a Ghana-based criminal enterprise
- The 37-year-old and the enterprise engaged in fraud schemes that stole more than $36.4 million from victims across the United States
- He was arrested on February 17, 2021, in Virginia and sentenced by a court on Wednesday, May 18, 2022
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A US-based Ghanaian, Fred Asante, has been sentenced to nine years in prison for money laundering involving a Ghana-based criminal enterprise.
His incarceration was announced by the US Attorney’s Office for the Southern District of New York in the United States of America.
Asante, aged 37, was handed the prison term for his role as the top money launderer for the criminal enterprise in Ghana, the United States Department of Justice said.
Source: UGC
Amount involved in the scam
Asante and the criminal enterprise engaged in fraud schemes that stole more than $36.4 million from victims across the United States.
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They jointly swindled businesses, tricked older victims into online romances, and illegally applied for US federal Covid-19 loans.
Arresting and sentencing him
Asante was apprehended on February 17, 2021, in Virginia and pleaded guilty to conspiracy to commit money laundering on February 16, 2022, before District Judge Jed S. Rakoff.
The judge imposed a 108-month jail sentence on him on Wednesday, May 18, and added three years of supervised release.
The court also ordered Asante to pay a forfeiture of $647,488 and restitution of $2,292,486.71.
Ghanaians Sentenced For Their Role In Scamming US Man Out Of Over $500K
In a similar story, YEN.com.gh previously reported that Ghanaian nationals, Linda Mbimadong and Richard Broni have been sentenced to prison for their role in a scam that fleeced a US man out of over $500,000.
The two were sentenced in Alexandria federal court Friday to 36 months and 19 months in prison, respectively, for laundering money for scammers in exchange for a cut of the proceeds, The Washington Post reports.
The victim, a 78-year-old man from Annandale in Virginia, US, had gone on the social media network iFlirt to find companionship.
35-Year-Old Ghanaian Man Jailed 3 Years For Stealing
Also, YEN.com.gh previously reported that a 35-year-old Ghanaian man identified as Moses Mensah is serving a three-year jail term for stealing plantains from a police officer at Saltpond in the Central Region.
Recounting how he ended up in jail, he admitted that he had stolen over 20 plantains on several occasions from the police officer in the past.
Mensah told Ibrahim Oppong Kwarteng of Crime Check TV that he sold the stolen plantains for money and was subsequently arrested with the help of an informant.
Source: YEN.com.gh
