- 24 Sep 2018 8:04 AM
- Hungary Matters
According to the indictment, the Nigerian man had agreed with his clients, thought to be African, to recruit Hungarian citizens to defraud Spanish, German, Austrian, Swiss, British, Portuguese, Bulgarian, Thai, Philippene and African individuals and companies and help launder the stolen money.
The defendant hired Szeged residents to open forex bank accounts, to which the gang’s victims later transferred money after being sent scam messages online.
The gang operated between September 2015 and April 2017 and got their Hungarian accomplices to open a total of 32 bank accounts in Szeged to be used for money laundering.
They scammed their victims out of 307 million forints in total across 61 transactions, but could only withdraw 254 million before the banks had been notified of the scams.
The Hungarian accomplices got to keep 10% of the take per transaction. They then had to hand over the remainder of the money in cash to the Nigerian man, who also kept 10% for himself before transferring the rest to his clients.