FBI names 8 'Most Wanted Fraudsters' for $1.255bn crimes

FBI published list of 8 'Most Wanted Fraudsters' with alleged financial crimes totaling $1,255,000,000 between 2005-2021. Herbert Kimble leads with $1.2 billion healthcare fraud. Other major suspects include Michael Lizaso Marasigan ($34m illegal gambling) and Elaine Angene Escoe ($32m wire fraud/money laundering). This launches VP JD Vance's new initiative to combat financial crimes targeting taxpayer funds. FBI Director Kash Patel emphasized increased mobilization to bring fraudsters to justice, with President Trump stating 'fraud won't be tolerated.' With Nigeria's experience with financial crimes, this signals enhanced international cooperation on financial enforcement. Should Nigerian businesses operating internationally prepare for increased scrutiny of cross-border financial transactions?

SOURCE: https://dailypost.ng/2026/06/05/fbi-seeks-8-most-wanted-fraudsters-over-1-255bn-fraud/