NWA business owners plead guilty to $6.1 million pandemic fraud scheme

NWA business owners plead guilty to $6.1 million pandemic fraud scheme

FAYETTEVILLE, Ark. (KNWA/KFTA) — A Florida couple formerly of Northwest Arkansas pleaded guilty April 28 to defrauding Pandemic Relief Loan Programs. According to a press release, Fawaad Welch, 41, pleaded guilty to wire fraud and Julia Youngblood, 41, pleaded guilty to misprision of a felony related to the scheme. According to court documents and statements made in court, between May 2020 through October 2021, Welch and Youngblood applied for P…

Nigerian monarch, pastor admit to COVID-19 fraud in US, face jail term

Joseph Oloyede, the Apetu of Ipetumodu in Osun State, and Pastor Edward Oluwasanmi have both pleaded guilty to scamming the United States government out of 4.2 million dollars in COVID-19 relief funds. Court documents cited by Punch revealed that Oluwasanmi used a network of companies, including Dayspring Transportation Limited, Dayspring Holding Incorporated, and Dayspring Property Incorporated, to obtain millions meant for pandemic support fra…

Osun monarch, pastor plead guilty to $4.2m COVID-19 fraud in US

Joseph Oloyede, the Apetu of Ipetumodu in Osun state, and Edward Oluwasanmi, a pastor, have pleaded guilty to swindling the United States government of $4.2 million in COVID-19 relief funds.   Citing court records, a Punch report said Oluwasanmi reportedly used his companies – Dayspring Transportation Limited, Dayspring Holding Incorporated, and Dayspring Property Incorporated – to obtain millions of dollars, which he later diverted for personal…

Osun Monarch, Pastor Plead Guilty to COVID-19 Fraud

The Apetu of Ipetumodu in Osun state, Oba Joseph Oloyede, and a pastor identified as Edward Oluwasanmi have pleaded guilty to swindling the United States government of $4.2 million in COVID-19 relief funds. According to a report by The Punch, Oluwasanmi used his companies – Dayspring Transportation Limited, Dayspring Holding Incorporated, and Dayspring Property Incorporated – to obtain millions of dollars, which he later diverted for personal ex…

Osun Monarch Joseph Oloyede, Pastor Admit To COVID-19 Fraud In U.S.

(AFRICAN EXAMINER) – The Apetu of Ipetumodu in Osun State, Oba Joseph Oloyede, and a pastor, Edward Oluwasanmi, are facing possible prison sentences in the United States after pleading guilty to charges of COVID-19 relief fraud. Oba Oloyede, a U.S.-based accountant and information systems expert, was installed as the new Apetu in July 2019. He […] The post Osun Monarch Joseph Oloyede, Pastor Admit To COVID-19 Fraud In U.S. first appeared on Afri…

$4.2m COVID-19 Relief Funds Scandal: Prominent Osun Monarch, Pastor Face Jail Terms in US

A prominent Yoruba monarch, Oba Joseph Oloyede, the Apetu of Ipetumodu in Osun State, and Pastor Edward Oluwasanmi are facing imprisonment in the United States after admitting guilt to a $4.2 million COVID-19 relief fraud. Oloyede, a US-based accountant and information technology specialist who ascended to the throne in July 2019, was apprehended with Oluwasanmi in early 2024. Their arrest followed allegations of orchestrating a scheme to illici…