• Latest
  • Trending
  • All
  • News
  • Politics

US accuses Air Peace CEO, Allen Onyema of money laundering

November 23, 2019
2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

August 11, 2022
Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

August 11, 2022
Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

August 11, 2022
Very Bad News For PDP’s Atiku Abubakar, As Governor Akeredolu Vows That Power Will Not Go To The North In 2023, Says “Peter Obi Has The Right To Contest, Because He Is From The South. We Are Ready To Give It Whatever It Takes To Make Sure Power Returns To The South In 2023”

Very Bad News For PDP’s Atiku Abubakar, As Governor Akeredolu Vows That Power Will Not Go To The North In 2023, Says “Peter Obi Has The Right To Contest, Because He Is From The South. We Are Ready To Give It Whatever It Takes To Make Sure Power Returns To The South In 2023”

August 10, 2022
Hope Uzodinma will be captured alive, Says Simeon Ekpa

Hope Uzodinma will be captured alive, Says Simeon Ekpa

August 10, 2022
If The Vagabonds In Power Fail To Fix The Bullsh*T They Started, The Country Will Become A Combination Of Afghanistan And Somalia – Charlie Boy

If The Vagabonds In Power Fail To Fix The Bullsh*T They Started, The Country Will Become A Combination Of Afghanistan And Somalia – Charlie Boy

August 10, 2022
Comparing Anambra and Lagos is a joke taken too far-tinubu

Comparing Anambra and Lagos is a joke taken too far-tinubu

August 10, 2022
President Muhammadu Buhari Leads Nigeria To Emerge As The 4th Country In The World With The Biggest Debt Owed To The World Bank At $13 Billion, As At June 30, 2022, Under The World Bank’s Top 10 International Development Association Borrowers’ List

President Muhammadu Buhari Leads Nigeria To Emerge As The 4th Country In The World With The Biggest Debt Owed To The World Bank At $13 Billion, As At June 30, 2022, Under The World Bank’s Top 10 International Development Association Borrowers’ List

August 10, 2022
The ‘Betrayed’ Governor Nyesom Wike Refuses To Forgive And Forget, Declares That The People Of Rivers State Will Not Vote For Haters Of The State In The 2023 Elections, Says “If You Say Rivers State Does Not Matter, Rivers State Will Tell You That You Do Not Also Matter At The Appropriate Time”

The ‘Betrayed’ Governor Nyesom Wike Refuses To Forgive And Forget, Declares That The People Of Rivers State Will Not Vote For Haters Of The State In The 2023 Elections, Says “If You Say Rivers State Does Not Matter, Rivers State Will Tell You That You Do Not Also Matter At The Appropriate Time”

August 10, 2022
Gunmen Attack Actor, Saka’s Home, Demand N20 Million Or His Life

Gunmen Attack Actor, Saka’s Home, Demand N20 Million Or His Life

August 9, 2022
Stop Making Jest Of Tinubu’s Health Or Age, You May Not Be Lucky To See Old Age – Yul Edochie

Stop Making Jest Of Tinubu’s Health Or Age, You May Not Be Lucky To See Old Age – Yul Edochie

August 9, 2022
Some Nigerians Are Riding Private Jets While Some Nigerians Don’t Know Where To Put Their Children In School – Sheikh Gumi Laments Nigeria’s Weak Justice System

Some Nigerians Are Riding Private Jets While Some Nigerians Don’t Know Where To Put Their Children In School – Sheikh Gumi Laments Nigeria’s Weak Justice System

August 9, 2022
  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact
Thursday, August 11, 2022
Dailyexcessive
  • Home
  • Gossip
  • News
  • Entertainment
  • News
    • All
    • Politics
    2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

    2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

    Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

    Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

    Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

    Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

    Very Bad News For PDP’s Atiku Abubakar, As Governor Akeredolu Vows That Power Will Not Go To The North In 2023, Says “Peter Obi Has The Right To Contest, Because He Is From The South. We Are Ready To Give It Whatever It Takes To Make Sure Power Returns To The South In 2023”

    Very Bad News For PDP’s Atiku Abubakar, As Governor Akeredolu Vows That Power Will Not Go To The North In 2023, Says “Peter Obi Has The Right To Contest, Because He Is From The South. We Are Ready To Give It Whatever It Takes To Make Sure Power Returns To The South In 2023”

    Hope Uzodinma will be captured alive, Says Simeon Ekpa

    Hope Uzodinma will be captured alive, Says Simeon Ekpa

    If The Vagabonds In Power Fail To Fix The Bullsh*T They Started, The Country Will Become A Combination Of Afghanistan And Somalia – Charlie Boy

    If The Vagabonds In Power Fail To Fix The Bullsh*T They Started, The Country Will Become A Combination Of Afghanistan And Somalia – Charlie Boy

    Comparing Anambra and Lagos is a joke taken too far-tinubu

    Comparing Anambra and Lagos is a joke taken too far-tinubu

    President Muhammadu Buhari Leads Nigeria To Emerge As The 4th Country In The World With The Biggest Debt Owed To The World Bank At $13 Billion, As At June 30, 2022, Under The World Bank’s Top 10 International Development Association Borrowers’ List

    President Muhammadu Buhari Leads Nigeria To Emerge As The 4th Country In The World With The Biggest Debt Owed To The World Bank At $13 Billion, As At June 30, 2022, Under The World Bank’s Top 10 International Development Association Borrowers’ List

    The ‘Betrayed’ Governor Nyesom Wike Refuses To Forgive And Forget, Declares That The People Of Rivers State Will Not Vote For Haters Of The State In The 2023 Elections, Says “If You Say Rivers State Does Not Matter, Rivers State Will Tell You That You Do Not Also Matter At The Appropriate Time”

    The ‘Betrayed’ Governor Nyesom Wike Refuses To Forgive And Forget, Declares That The People Of Rivers State Will Not Vote For Haters Of The State In The 2023 Elections, Says “If You Say Rivers State Does Not Matter, Rivers State Will Tell You That You Do Not Also Matter At The Appropriate Time”

    Gunmen Attack Actor, Saka’s Home, Demand N20 Million Or His Life

    Gunmen Attack Actor, Saka’s Home, Demand N20 Million Or His Life

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Sports
No Result
View All Result
Dailyexcessive
No Result
View All Result
Home News

US accuses Air Peace CEO, Allen Onyema of money laundering

by peter
November 23, 2019
in News
0
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The chief Executive Officer of Air Peace, Allen Onyema, has been indicted in the United States, US, for bank fraud and money laundering.
Mr Onyema was accused of moving more than $20 million from Nigeria through US bank accounts in a scheme involving “false documents” based on the purchase of airplanes.

The Nigerian businessman was indicted alongside Ejiroghene Eghagha, the airline’s chief of administration and finance, who is said to have committed aggravated identity theft in connection with the scheme.

According to a statement issued by the District Attorney’s office on Friday, Mr Onyema and Mr Eghagha were indicted on November 19, 2019, on one count of conspiracy to commit bank fraud, three counts of bank fraud, one count of conspiracy to commit credit application fraud, and three counts of credit application fraud.

“Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud,” Byung J, US attorney for the northern district of Georgia, was quoted in the statement. 

“We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.” 

Robert J. Murphy, the special agent in charge of the Drug Enforcement Administration, DEA, Atlanta field division, also said: “Allen Onyema’s status as a wealthy businessman turned out to be a fraud. He corrupted the U.S. banking system, but his trail of deceit and trickery came to a skidding halt.” 

Robert Hammer, another special agent, accused Mr Onyema of setting up “various innocent sounding multi-million dollar asset purchases which were nothing more than alleged fronts for his scam”. 

Mr Onyema was said to have started travelling frequently to Atlanta, where he opened several personal and business bank accounts. Between 2010 and 2018, over $44.9 million was allegedly transferred into his Atlanta-based accounts from foreign sources.

After he founded Air Peace in 2013, Onyema was said to have gone to the US to purchase aircraft and “over $3 million of the funds used to purchase the aircraft allegedly came from bank accounts for Foundation for Ethnic Harmony, International Center for Non-Violence and Peace Development, All-Time Peace Media Communications Limited, and Every Child Limited.

“Beginning in approximately May 2016, Onyema, together with Eghagha, allegedly used a series of export letters of credit to cause banks to transfer more than $20 million into Atlanta-based bank accounts controlled by Onyema.  The letters of credit were purportedly to fund the purchase of five separate Boeing 737 passenger planes by Air Peace. The letters were supported by documents such as purchase agreements, bills of sale, and appraisals proving that Air Peace was purchasing the aircraft from Springfield Aviation Company LLC, a business registered in Georgia. 

“However, the supporting documents were fake — Springfield Aviation Company LLC, which is owned by Onyema and managed by a person with no connection to the aviation business, never owned the aircraft, and the company that allegedly drafted the appraisals did not exist.  Eghagha allegedly participated in this scheme as well, directing the Springfield Aviation manager to sign and send false documents to banks and even using the manager’s identity to further the fraud. After Onyema received the money in the United States, he allegedly laundered over $16 million of the proceeds of the fraud by transferring it to other accounts.”

The statement, however, added the two are presumed innocent of the charges and it will be the government’s burden to prove the guilt beyond a reasonable doubt at trial.

Share198Tweet124Share49
peter

peter

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest

My Husband Caught Me with Our Dog – House Wife

September 26, 2020

Let me make it clear, God Created Northerners with Cow brain, we all reason like cows including me — Sultan Abubakar

February 13, 2020

Meet The RCCG Pastor Who Has 6 PhD, 4 Masters And 4 First Degrees

May 19, 2020

KogiDecides: Vote buying ongoing in certain areas – Report

6

Why El-Rufai’s committee report on true federalism will split Nigeria – Lawmaker

6

Igbos should not be allowed to rule because they will declare Biafra and Nigeria will crumble – Tunde Ednut

3
2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

2023: Peter Obi Meets U.S. Consul-General, William Stevens, Shares Ideas On New Nigeria

August 11, 2022
Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

Will Keyamo Allow His Children To School In Nigerian Universities? I’m Disappointed That He Was One Of Those On The Streets Before Joining Partisan Politics – ASUU President

August 11, 2022
Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

Jealous Husband Who Strangled His Wife And Drank Poisonous Substance Has Died In Suleja Hospital

August 11, 2022
Dailyexcessive

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Navigate Site

  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In