{"id":7457,"date":"2025-07-05T12:05:38","date_gmt":"2025-07-05T12:05:38","guid":{"rendered":"https:\/\/beadysword.com.ng\/blog\/?p=7457"},"modified":"2025-07-05T12:05:38","modified_gmt":"2025-07-05T12:05:38","slug":"nigerian-pastor-jailed-by-us-court-over-4-2m-covid-19-fraud","status":"publish","type":"post","link":"https:\/\/beadysword.com.ng\/blog\/2025\/07\/05\/nigerian-pastor-jailed-by-us-court-over-4-2m-covid-19-fraud\/","title":{"rendered":"Nigerian Pastor Jailed By US Court Over $4.2m COVID-19 Fraud"},"content":{"rendered":"
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US-based Nigerian pastor, Edward Oluwasanmi, has been sentenced to 27 months in prison for fraudulently obtaining approximately $4.2 million in COVID-19 relief funds guaranteed by the U.S. Small Business Administration (SBA)<\/p>\n

Joseph Oloyede, 61, of Medina, Ohio and Edward Oluwasanmi, 61, of Willoughby, Ohio, were charged in court on 13 counts, including conspiracy to commit wire fraud, wire fraud, and money laundering offences.<\/p>\n

The indictment sheet revealed that Oloyede and Oluwasanmi submitted Paycheck Protection Programme, PPP, loans and Economic Injury Disaster Loans, EIDLs, applications containing false information for companies under their control from April 2020 through February 28.<\/p>\n

Oluwasanmi reportedly used his companies \u2013 Dayspring Transportation Limited, Dayspring Holding Incorporated, and Dayspring Property Incorporated \u2013 to obtain millions of dollars, which he later diverted for personal expenses in violation of US federal laws. The duo also allegedly submitted falsified tax and wage documents to support these applications.<\/p>\n

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US-based Nigerian pastor, Edward Oluwasanmi, has been sentenced to 27 months in prison for fraudulently obtaining approximately $4.2 million in COVID-19 relief funds guaranteed by the U.S. Small Business Administration (SBA) Joseph Oloyede, 61,...<\/p>\n","protected":false},"author":2,"featured_media":7458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-7457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t