2 Nigerians Arrested For Forgery, ID Theft, Wire Fraud In USA 401K “Wipe Out” Schemes

by Bamidele Ogunberu Last updated on April 12th, 2018,

Salt Lake City, USA. Nigerian nationals Temilade Adekunle and Abdulrasheed Yusuf were arrested for alleged forgery, ID theft and wire fraud. After breaking into the 401k account of an american couple, they “cleaned out” $120000 from the account leaving a zero balance.
The american couple on vacation were lucky to notice the zero balance on their accounts and alerted police. Police said the two had flown into Salt Lake City to pick up the checks when they were arrested. The total amount between these two checks, police say, was around $120,000.

One of Andrea Voss’ retirement goals is seeing different parts of the country, including Hawaii. Andrea and her husband, Steve Voss, are a year and a half into their retirement. Last week, they took a trip to Yellowstone, but when they got back on Friday, they noticed there was a serious issue with that money they’ve saved for retirement. Steve Voss said. “I logged into my account and it’s a zero-dollar balance.”

Added Andrea Voss, “He told me and I was like ‘You’ve got to be kidding. This can’t happen to me. This happens to other people.’” Steve Voss says someone had used his personal details to liquidate their account.

The check had already gone out. “The package has been sent but redirected from my home for pickup somewhere else,” he said. Unified police said the package hadn’t been picked up yet, so they set up a plan to be there when someone came to get it.

Eventually, police said two men showed up to get the package and were arrested. They said the men had fake out-of-state IDs and a separate 401(k) check from another person.

Photo: Temilade Adekunle and Abdulrasheed Yusuf arrested for 401k fraud

Unified police detective Shawn Fausett said all credit is due to the Vosses for checking their account. “If he wouldn’t have checked his balance until (Monday) morning at 9 a.m., it would have been too late because the suspects would have been gone.”

Now, the Vosses are extra careful and they hope others will keep an eye out as well. 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out.

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