Nigerian Hackers Sentenced for Business Email Compromise Targeting Businesses in U.S

Oludayo Kolawole John Adeagbo, a dual Nigerian–UK national, was sentenced to seven years and ordered to pay roughly $942,655 in restitution for his role in a multi-million-dollar business email compromise (BEC) scheme that targeted U.S. local governments, construction firms, and educational institutions using compromised or lookalike email accounts and fraudulent wiring instructions, leading to attempted thefts exceeding $3 million (including a $1.9M loss by a North Carolina university); the case involved international cooperation and extradition from the U.K.