Air Peace: US Govt Seeks Forfeiture Of Allen Onyema’s $14million Assets In Amended Fraud Charge
The United States government has asked a District Court, Northern District of Georgia to approve the forfeiture of approximately $14million in assets from Allen Ifechukwu Onyema, the Chief Executive Officer of Air Peace, following a recent superseding indictment.
The indictment outlined serious allegations of fraud and money laundering against Onyema and his associate, Ejiroghene Eghagha, who is the Chief of Administration and Finance at Air Peace.
The indictment includes multiple counts against the defendants: Count One alleges conspiracy to commit bank fraud, while Counts Two through Four detailed instances of bank fraud.
Count Five pertains to conspiracy to commit credit application fraud, followed by Counts Six through Eight for credit application fraud. Additionally, Counts Nine through Thirty-Five address charges of money laundering.
If convicted of the offences outlined in Counts One through Five, the defendants will be required to forfeit any property derived from the alleged criminal activities, including significant sums held in bank accounts tied to their businesses.
Peoplesmind