The Federal Bureau of Investigation (FBI) has arrested Oluyomi Omobolanle Bombata, popularly known as Bobo Chicago, for allegedly orchestrating a $2.8 million fraud scheme targeting companies and individuals.
Bombata was apprehended on November 20 in Illinois, Chicago, and faces multiple charges, including wire fraud, conspiracy to commit wire fraud, money laundering, and engaging in unlawful monetary transactions.
According to the FBI, Bombata’s fraudulent operations primarily targeted Nigerians in the Houston metropolitan area. After drawing the attention of law enforcement, he fled to Chicago to evade capture.
Investigators revealed that over $300,000 of the stolen funds were traced to a popular liquor store, which was allegedly used as part of a larger scheme to launder money and obscure its origins. Bombata reportedly moved funds through various accounts and businesses to cover up the criminal activities.
Known for his lavish lifestyle, Bombata often operated under the alias “Bola Flexx,” flaunting his wealth publicly. However, federal agents have uncovered substantial evidence linking him to a series of fraudulent activities designed to defraud businesses and individuals.
In addition to Bombata, a co-conspirator has also been arrested and is currently in custody as authorities widen their investigation into the criminal network.
The FBI’s investigation, which tracked Bombata’s financial activities over an extended period, uncovered a sophisticated scheme that deceived victims out of large sums of money. His arrest has raised concerns about the prevalence of financial crimes among members of the Nigerian diaspora.
Bombata is expected to be transferred to Oklahoma to face further charges as investigations continue. Law enforcement agencies are working to identify additional suspects and uncover the full extent of the operation.
This case highlights the growing global reach of financial fraud and the challenges faced by authorities in combating money laundering and wire fraud. It also underscores the ongoing need for vigilance and cooperation in tackling organized financial crime worldwide.
