A 34-year-old Nigerian national, Edikan Adiakpan, who resided in Houston, United States has pleaded guilty to illegal money transmission.
Acting U.S. Attorney John G.E. Marck made the announcement in a press release issued by the U.S. Department of Justice on Tuesday, May 12, 2026.
From 2020 to 2022, Adiakpan owned an unlicensed money transmitting business through a company he controlled called Akama Lifestyle.
As part of his plea, he admitted he used the business to transfer funds and kept a percentage as a fee.
The funds Adiakpan received and then transmitted originated from fraudsters who carried out a business email compromise scheme.
It targeted more than 10 victims who received “spoofed” emails that appeared to come from known suppliers and creditors.
