Nigerian Father and Son Charged in $202 Million US Housing Fraud Scheme

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The United States Federal Bureau of Investigation (FBI) and the Department of Housing and Urban Development (HUD) have charged Nigerian man Christopher Adesoji Falade and his son, Emmanuel Falade, alongside six others, for their alleged roles in a massive $202 million housing wire fraud scheme in Minnesota.

According to prosecutors, the group was entrusted with providing housing services to vulnerable Americans but instead defrauded the government by inflating beneficiary numbers. Investigators revealed that while they registered people into their housing program, they failed to deliver any actual housing services.

Authorities allege the Falades and their associates fraudulently claimed up to $100 million, contributing to total losses that have now exceeded $202 million. The U.S. Department of Housing confirmed that over 80 service providers are currently under investigation as part of the widening probe.

The charges have sparked shockwaves within both Nigerian and U.S. communities, as the case underscores ongoing concerns about large-scale fraud schemes targeting government welfare programs.

The defendants face serious penalties under U.S. law if convicted.