Convicted Money Launderer Sentenced for Second Business Email Compromise Scheme | USAO-MA

 Convicted Money Launderer Sentenced for Second Business Email Compromise Scheme | USAO-MA

BOSTON – A Hingham man who was previously convicted of money laundering was sentenced on Wednesday, Oct. 27, 2021 in connection with a business email compromise (BEC) scheme.

Yannick A. Minang, a/k/a “Africa,” 27, was sentenced by U.S. District Court Judge Patti B. Sarris to 52 months in prison. In September 2020, Minang pleaded guilty five counts of wire fraud, one count of unlawful monetary transactions and one count of money laundering conspiracy.

Minang conspired with co-conspirator Bintu Toure and others to open numerous bank accounts in Massachusetts in the name of sham companies, as part of an apparent business email compromise (BEC) scheme. A BEC scheme is a sophisticated scam often targeting businesses involved in wire transfer payments. The fraud is carried out by compromising and/or “spoofing” legitimate business email accounts through social engineering or computer intrusion techniques to cause employees of…

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