Man sentenced for scam that bilked country of $3.5 million
A northern New Jersey man has been sentenced to six years in prison for a scheme that defrauded an unnamed country of more than $3.5 million.
Bobby Boye, also known as Bobby Ajiboye, had previously pleaded guilty to conspiracy to commit wire fraud. The 52-year-old Mahwah resident was arrested in June 2014 at Newark Liberty Airport.
The U.S. attorney's office alleged Boye served on a committee responsible for evaluating bids for a multi-million dollar contract to provide legal and tax accounting advice to the unnamed country.
In the last six months of 2012, the country wired more than $3.5 million to a fake company set up by Boye. He used the money to buy four properties in New Jersey and luxury vehicles including a Bentley, Range Rover and Rolls Royce.