A man extradited from the United Kingdom has pleaded guilty less than two years after being accused of defrauding a North Carolina university and others out of millions of dollars.
The offices of the U.S. Attorney for the Western District of North Carolina and the Southern District of Texas announced that 45-year-old Oudayo Kolawole John Adeagbo admitted to committing wire fraud conspiracy as part of business email compromise (BEC) schemes from 2016 through 2018. He faces up to 20 years in federal prison each for both cases and will be required to pay a money judgement and restitution in the full amount of the victims' losses, alleged to be more than $14 million.
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