Just In: Allen Ifechukwu Athan Onyema, Chairman and CEO of Air Peace indicted in the US, over an alleged bank fraud and money laundering scheme!

Allen Onyema, owner of Air Peace Airlines has been Indicted in the US for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes. “Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud,” said U.S. Attorney Byung J. “BJay” Pak. “We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.” Air Peace's Chief of Administration and Finance, Ejiroghene Eghagha was also linked to the alleged fraudulent scheme and was charged with bank fraud and committing aggravated identity theft. Robert J. Murphy, the Special Agent in Charge of the DEA Atlanta Field Division commented on the indictment, “Allen Onyema’s status as a wealthy businessman turned out to be a fraud....