United States of America v. Olabode Nurudeen Jimoh

Oklahoma City, Oklahoma criminal defense lawyer represented the Defendant charged with wire fraud in violation of 18 U.S.C. 1343, aggravated identity theft in violation of 18 U.S.C. 1028, and making false statements to a financial institution in violation of 18 U.S.C. 1014.

Beginning in April 2020, Olabode Nurudeen Jimoh, 54, of Yukon, Oklahoma, submitted fraudulent applications for one EIDL and five PPP loans by making false statements about his businesses’ income, payroll, and number of employees, and falsely certifying that the proceeds would be used for authorized business purposes. As a result, Jimoh fraudulently obtained $484,266 in EIDL and PPP loan proceeds, which he instead used for personal expenses.

Jimoh pleaded guilty to wire fraud and was sentenced to 12 months and one day in federal prison, followed by two years of supervised release, and ordered to pay $484,266 in restitution.