FBI Arrests 'Bobo Chicago' in $2.8 Million Fraud Scheme; Faces Money Laundering Charges
Oluyomi Omobolanle Bombata, aka 'Bobo Chicago', was arrested by the FBI for his role in a $2.8M fraud scheme, involving wire fraud and money laundering. Investigations uncover illicit funds funneled into a liquor store.
The FBI has arrested Oluyomi Omobolanle Bombata, widely known as 'Bobo Chicago,' for his alleged involvement in a $2.8 million fraud operation targeting individuals and businesses. Bombata was taken into custody on November 20 in Chicago, Illinois, and faces multiple charges, including wire fraud, conspiracy to commit wire fraud, money laundering, and unlawful financial transactions.
According to FBI sources, Bombata's fraudulent activities initially focused on Nigerians in the Houston metropolitan area before he relocated to Chicago. Investigators discovered that over $300,000 of the stolen funds were funneled into a high-profile liquor store, revealing a sophisticated money-laundering operation.
Authorities also confirmed the involvement of an unnamed co-conspirator, whose identity is still under investigation. FBI officials revealed that Bombata is currently in custody and awaiting transfer to Oklahoma, where he will face the full extent of the charges.
His arrest comes at a time of heightened international concern over fraud networks linked to Nigerian nationals. The case is part of an ongoing effort by law enforcement to disrupt transnational fraud schemes, which continue to erode trust in global financial systems.
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