Dublin Court Jails Two Nigerians Over €6m International Fraud Scheme
- 2 hours ago
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Two Nigerian nationals, Elike Francis Ogbuefi and Steven Silvester, have been sentenced to prison in Ireland after being found guilty of orchestrating a large-scale fraud and money laundering operation worth over €6 million.
Ogbuefi, aged 42, received a nine-year sentence, while Silvester, 32, was handed seven and a half years by a Dublin court. Prosecutors identified both men as central figures in an organised criminal network with links to the Black Axe syndicate.
The case followed a detailed investigation by Ireland’s economic crime authorities, which exposed a complex web of scams, including romance fraud and smishing tactics used to defraud victims.
Authorities said the illicit proceeds were moved through multiple bank accounts across different countries, highlighting the international scope and sophistication of the operation.
The court heard that the scheme involved carefully coordinated financial transactions designed to avoid detection by regulators and law enforcement agencies.
Officials described the convictions as a major step in tackling organised financial crime and dismantling transnational fraud networks operating across Europe and beyond.
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