Ruth Smith-Ajala, who helped
defraud hundreds of UK students online has been ordered to pay back almost
£630,000 after admitting she made £1.2million from her crimes. On Monday,
September 14, the Old Bailey heard how the 46-year-old Nigerian National was
jailed in December 2013 for her part in conning students out of more than
£1.5m.Students were sent emails inviting them to update details on their student loan account via a link to a bogus website. When the site was accessed by the unsuspecting victims, a cyber crime gang gained unauthorised access to their bank accounts, stealing large amounts of money.
Smith-Ajala used her share of the
cash to buy products in the UK, which she then shipped out for sale at a
wholesaler in Lagos, Nigeria, that she owns. During her trial, Smith-Ajala
tried to convince the court that she was running a legitimate business but she was
ultimately found guilty of conspiracy to launder money and mortgage fraud.
The mortgage fraud related to
seven houses that Smith-Ajala was renting out in Gravesend, Northfleet and
Chatam, in Kent; Grays, in Essex; and Catford, in London.
In conjunction with the
investigation, specialist detectives from the Met’s Central Criminal Finance
Team (CFT) launched a financial investigation. They and the Crown Prosecution
Service obtained a restraint order for the properties and Smith-Ajala’s banks
accounts were frozen, prohibiting her from selling the houses and hiding the
money.
As a result of the confiscation
proceedings, Smith-Ajala will now have to sell the houses, using the profits
and rent money to pay the confiscation sum. Detective Inspector Pete Ward, of
the Met’s Central Criminal Finance Team, said:
"We won’t stop at seeing criminals convicted for their crimes - we will also make them pay back the money they have taken from their victims."
"It is ironic that Smith-Ajala helped defraud hundreds of students while paying for one of her own children to be privately educated."
"We won’t stop at seeing criminals convicted for their crimes - we will also make them pay back the money they have taken from their victims."
"It is ironic that Smith-Ajala helped defraud hundreds of students while paying for one of her own children to be privately educated."
"She has just three months to pay back the money she obtained, or face a further five years in prison. If she doesn’t pay the money by the time she is out of prison, the order will remain and her finances will be scrutinized to ensure she continues to pay up." He added.
Source: Metropolitan Police UK
0 comments:
Post a Comment