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Non-DOJ Civilian Sentenced for Operating an Unlicensed Money Transmitting Business

On December 11, 2024, a non-DOJ individual was sentenced to two years of probation, the conditions of which included 100 hours of community service and a restriction against leaving the state of Maryland for 3 months, for operating an unregistered money transmitting business. Charles Egunjobi, a financial auditor for the District of Columbia, was sentenced in the District of Maryland. According to the factual statement in support of the guilty plea, from in or about September 2019 through in or about April 2020, Egunjobi transferred funds from the United States to locations within the United States and abroad, including Nigeria. One of Egunjobi’s clients, with whom he transferred over $48,000 overseas to Nigeria, was a Special Deputy U.S. Marshal, who pleaded guilty to laundering funds from a romance scam. The investigation was conducted by the OIG’s Fraud Detection Office, and the U.S. Postal Inspection Service; forensic assistance was provided by the OIG’s Cyber Investigations Office.

Date Issued
Case Action
Sentencing