YOU READ IT HERE FIRST: Federal agents at Newark Airport today arrested a Franklin Lakes man returning from a trip abroad and charged him with orchestrating a scheme to defraud a foreign nation of more than $3.5 million.
Bobby Boye — also known as “Bobby Ajiboye,”or “Bobby Aji-Boye” — used the money to buy $1.5 million worth of property (paying cash), nearly $500,000 worth of luxury vehicles and two designer watches for almost $20,000, federal authorities said this afternoon.
Boye, 50, worked as an international legal advisor for the country, referred to as “Country A” in a complaint on file in U.S. District Court in Newark.
Serving on a three-member committee responsible for reviewing and evaluating bids, he steered a multi- million dollar contract to provide legal and tax accounting advice to a bogus company that he secretly controlled, U.S. Attorney Paul J. Fishman said this afternoon.
Boye wrote up bid documents with a conspirator for the sham law and accounting firm — named Opus & Best Services LLC — in March 2012 that “contained multiple, material misrepresentations and omissions,” Fishman said.
These included a bogus list of purported employees who were touted as “first class talent of attorneys, accountants and economists.”
“There was no record of individuals of those same names as being admitted to practice law in New York or New Jersey or as being New York-licensed certified public accountants,” Fishman said.
Under the terms of the contract, awarded in June 2012, Boye was one of two project coordinators acting on behalf of the victim country, the complaint says. As such, he “had authority to receive and approve invoices for payment,” it says.
Over the next five months, the nation wired more than $3.5 million to Opus & Best’s New York business checking account, which was controlled by Boye, the complaint says.
He used the money to purchase four properties in New Jersey for more than $1.5 million in cash, three luxury vehicles (a 2012 Bentley for $172,000, a 2012 Range Rover for $100,983, and a 2011 Rolls Royce for $215,000) and two designer watches for almost $20,000, it says.
Fishman credited special agents of the FBI with making the case, presented by Assistant U.S. Attorney Shirley U. Emehelu of Fishman’s Economic Crimes Unit and Assistant U.S. Attorney Evan S. Weitz of his Assset Forfeiture and Money Laundering Unit.
Boye, who is charged with one count of wire fraud conspiracy and six counts of wire fraud, is due in federal court in Newark tomorrow.