Indy Dealership Owner Charged With Money Laundering
State of Indiana files suit against three drug distribution companies for their role in opioid crisis.
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn Indianapolis man is facing federal charges for allegedly laundering the proceeds of an international advance-fee scheme through his used car dealership. The U.S. Department of Justice says Tochukwu Nwosisi, the owner of Indyrides LLC used the money for personal use and to purchase vehicles that were shipped to the scheme’s perpetrators in Nigeria.
The DOJ says the perpetrators impersonated U.S. bank officials and promised investment funding to victims throughout the world. Those people were told they had to make certain payments before they could receive their funding, and those payments were allegedly laundered through business bank accounts set up by Nwosisi through his dealership.
Nwosisi was charged in a superseding indictment filed in the U.S. District Court for the Southern District of Texas with one county of conspiracy to launder monetary instruments and one count of concealment of money laundering. He made his initial court appearance Friday in the U.S. District Court in Indianapolis.
