Nigerian Matthew Akande sentenced to 8 years for US tax fraud

Nigerian Matthew Akande sentenced to 8 years for US tax fraud

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247GistMan in Business & Making Money February 22, 2026, 3:31 pm

Nigerian national Matthew Akande, 37, sentenced to 8 years in prison and ordered to pay $1.39 million in restitution for US tax fraud scheme. FBI confirmed via X post that Akande, extradited from UK in March 2025 after October 2024 arrest, targeted Massachusetts tax firms using phishing and malware to steal data and file fraudulent returns. Over $1.3 million recovered. Scheme spanned 2016-2021, involving 1,000+ fake returns seeking $8.1 million. Akande directed funds to Mexico. Case part of broader Nigerian cybercrime trend with recent extraditions for fraud and hacking.


SOURCE: https://nairametrics.com/2026/02/22/nigerian-matthew-akande-ordered-to-pay-1-39m-after-u-s-tax-fraud-conviction/


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