CrimeHighlight

$4.2m COVID-19 fraud: US court jails Nigerian pastor, Osun monarch forfeits property

1k

A United States District Court has sentenced Edward Oluwasanmi, a Nigerian pastor, to 27 months in prison for his involvement in a $4.2 million COVID-19 relief fraud scheme.

His co-defendant, Joseph Oloyede, a traditional ruler from Osun State, has forfeited property linked to the crime.

On July 2, 2025, Judge Christopher Boyko of the U.S. District Court for the Northern District of Ohio convicted Oluwasanmi on Counts 1, 11, and 12 of a 13-count indictment.

The court also ordered him to forfeit $1.3 million to the U.S. government. His sentences will run concurrently.

The pastor and Oloyede, who holds the title of Apetu of Ipetumodu, were arrested in April 2024 and later charged with conspiracy to commit wire fraud, conspiracy to defraud the U.S. government, money laundering, and engaging in monetary transactions involving criminally derived property.

According to court records obtained by our correspondent, between April 2020 and February 2022, the duo submitted fraudulent Paycheck Protection Programme (PPP) and Economic Injury Disaster Loan (EIDL) applications using falsified tax and wage documents for businesses under their control.

Oluwasanmi reportedly used companies such as Dayspring Transportation Limited, Dayspring Holding Incorporated, and Dayspring Property Incorporated to obtain and misappropriate millions of dollars for personal use.

In February 2025, both defendants entered guilty pleas and submitted plea bargain agreements.

While Oluwasanmi has now been sentenced, judgment in Oloyede’s case is still pending, though sources say properties linked to him in the U.S. have already been seized as part of asset forfeiture proceedings.

Leave a comment

Related Articles

Same-Sex Marriage Is a Sin, Reason God Destroyed Sodom and Gomorrah — BBNaija’s Pere

Nigerian actor and former Big Brother Naija housemate, Pere Egbi, has stirred...

2027 Elections: Ex-Presidential Aide Warns of Potential Clash with Ramadan

Bashir Ahmad, a former aide to the late President Muhammadu Buhari, has...

Lagos Govt., Nilayo Sports Partner for Milestone 11th Access Bank Marathon

The organizers of the prestigious Access Bank Lagos City Marathon, led by...

NNPC Ltd Smashes Records with N5.76trn 2025 Profit-After-Tax

The Nigerian National Petroleum Company (NNPCL) Limited has disclosed a substantial profit-after-tax...

Gas Supply Facility Maintenance Will Affect Power Generation, NISO Warns

By Joycelyn Ellakeche Adah Electricity generation across the country may dip temporarily...

Ukraine Identifies Two Nigerians Killed Fighting for Russian Forces in Luhansk

Ukrainian military intelligence has announced the recovery of the bodies of two...

Just in: Rivers Shake-up: Fubara Dissolves Cabinet Days After Tinubu-Wike Meeting

Rivers Governor Siminalayi Fubara has dissolved the State Executive Council, directing all...

Atiku slams Fayose: You are a serial political gossip, no VP slot negotiations

Former Vice President Atiku Abubakar has fired back at Peter Ayodele Fayose,...

Rising Terror Threats: Southwest Governors Urged to Adopt State-Community Policing Hybrid

The South-West Regional Association of Retired Heads of Service and Permanent Secretaries...

“In the Interest of Justice”: Judge Recuses from Ex-AGF Malami’s ₦213.2bn Asset Case

In a surprising turn of events at the Federal High Court, Abuja,...

Deadliest School Shooting in Canadian History Ends With Nine Fatalities, Teen Gunman’s Suicide

In a tragedy that has shaken the small mountain community of Tumbler...

Government, Elite Weaponizing Cybercrime Act to Silence Dissent – NBA President

Mr. Afam Osigwe (SAN), President of the Nigerian Bar Association (NBA), has...

Works Minister Defends ₦3.2trn for 2026, Cites Low 2025 Capital Funding

Works Minister Sen. David Umahi proposed a ₦3.244 trillion capital allocation while...

Reprieve for Distillers: FG Backtracks, Orders Suspension of Sachet Alcohol Ban

In a major turn of events, the Federal Government on Wednesday directed...

US Legislators Propose Bill on Nigeria, Unveil Measure to Safeguard Christian Population

American congressional members have put forward fresh legislation on Tuesday designed to...

Technical Issue Forces Lagos-PH Arik Air Flight to Make Emergency Landing in Benin Airport

Flight W3 740, an Arik Air service from Lagos to Port Harcourt,...

Ex-Police DIG Oyebade Advocates Hybrid System Amid Growing Calls for State Police

As the debate over State Police gathers fresh momentum, retired Deputy Inspector-General...

TCN Unbundling, NISO Launch to Drive Transparency, Nation’s Grid Efficiency – NERC Boss Oseni

By Joycelyn Ellakeche Adah The Nigerian Electricity Regulatory Commission (NERC) Chairman, Dr....

Nigeria Eyes 2026 for Strategic Sale of State Assets to Bolster Federal Revenue – Edun

Starting from 2026, the Federal Government plans to hand over several state-owned...

Nigeria Set to Host Landmark 2nd African School Sports Games in 2027

Nigeria has launched preparation to host the second edition of the African...