A gang of fraudsters have been jailed for their involvement in the theft of £610,000 from business bank accounts.
Victor Oke used stolen data provided by Desmond Uyiosa Abifade to falsely impersonate company directors via telephone banking. Once Oke gained access, he diverted funds to ‘mule’ beneficiary accounts monitored by Moses Kuye. Melinda Mensah-Oke also impersonated company directors when a female voice was necessary, while Arinola Kuye acted as the group’s money launderer.
Victor Oke, Melinda Mensah-Oke, Moses Kuye and Desmond Uyiosa Abifade were charged with conspiracy to commit fraud by false representation, and were sentenced yesterday (Wednesday 8 November 2017) at the Inner London Crown Court.
The fraud was spotted by fraud investigators at HSBC, and passed to the Dedicated Card and Payment Crime Unit to investigate. The DCPCU is sponsored by the banking industry and made up of officers from the City of London Police and the Metropolitan Police Service, bank investigators and support staff from UK Finance.
Analysing where and when the calls were made enabled police to identify the phones used to conduct the fraud and the perpetrators.
Established in April 2002, the DCPCU has since achieved an estimated Â£486 million in savings from reduced fraud activity.
DC Dave Cass, who investigated the case for the DCPCU said:
“This was a concerted effort to commit fraud against two companies and profit from crime.
“The police take fraud very seriously and these sentences should send a message to fraudsters that you will be caught and punished.”
All losses were refunded to the genuine business account holders.
Charges and sentences received:
Victor OKE, 23/03/1978, 84 Gallions Reach, Barking, charged with conspiracy to commit fraud by false representation: four years’ imprisonment.
Melinda MENSAH-OKE, 02/03/1980, 84 Gallions Reach, Barking, charged with conspiracy to commit fraud by false representation: fourteen months suspended sentence.
Moses KUYE, 20/06/1989, 2 Connaught Road, charged with conspiracy to commit fraud by false representation: three years’ and three months imprisonment.
Arinola KUYE, 20/07/1990, 2 Connaught Road, charged with conspiracy to commit fraud by false representation: twelve months community order, 50 hours unpaid work.
Desmond ABIFADE, 22/11/1991, 82 Henniker Road, Stratford, charged with conspiracy to commit fraud by false representation: two years’ suspended sentence.
Notes to Editor
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