TechFlow news, September 17 — According to Dlnews, the U.S. Attorney's Office for the District of Colorado announced today that 37-year-old Nigerian national Adetomiwa Seun Akindele has been sentenced to 71 months in prison for carrying out a cryptocurrency "romance scam." Akindele allegedly posed as an Italian-American businessman named "Frank Labato" and defrauded a Colorado widow of approximately $1.7 million in cryptocurrency via dating websites during 2018. Mark Michalek, an FBI agent with the Denver Field Office, said such scammers typically prey on victims' trust and emotions. After serving his sentence, Akindele will be deported back to Nigeria. Experts note that such criminal networks have moved over $75 billion through cryptocurrency exchanges between 2020 and 2024.
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