A 34-year-old Nigerian man, Olamide Shanu, has been extradited from the United Kingdom to the United States to face trial for his alleged involvement in a multi-million-dollar sextortion and wire fraud scheme.
Shanu was arraigned before a US Magistrate Court on Wednesday, where he faced an eight-count charge bordering on wire fraud conspiracy, aggravated identity theft, conspiracy to commit extortion, money laundering conspiracy, extortion, interstate communications with intent to commit extortion, and cyberstalking.
According to the US Department of Justice, Shanu and his conspirators posed as females on social media and persuaded their victims, typically males, to send sexual images of themselves. Once the victims sent the explicit images, the conspirators threatened to send the images to the victims’ friends and families unless they paid money.
The indictment alleges that the conspirators engaged in this extortion of numerous victims across the United States, including a college student in Idaho.
The DoJ stated that Shanu fraudulently obtained at least $2 million from the fraud schemes and laundered the proceeds through cryptocurrency wallets. If convicted of the charges, Shanu faces up to 20 years in federal prison and restitution for the losses incurred by the victims of the scheme.
“According to the indictment, Shanu fraudulently obtained at least $2,000,000 from the fraud schemes. If convicted of the charges, Shanu faces up to 20 years in federal prison. He also faces restitution for the losses incurred by the victims of the scheme. An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law,” the statement read.
This case mirrors a similar prosecution involving another Nigerian, Chukwuemeka Victor Amachukwu, who was extradited from France in August for alleged cybercrimes, including wire fraud and hacking that caused over $819,000 in losses.

