A Nigerian show promoter, Babatunde Adu aka TmoneyAdu or Alagapromoter has been convicted in the UK. The show promoter pleaded guilty to several fraud allegations brought against him in the court.
Babatunde’s arrest came after he was discovered to have a number of credit cards and fraudulent documents at his home during a police raid in October last year, multiple sources reported.
The raid was part of a week-long initiative to tackle card fraud after intelligence suggested he had been using compromised cards to buy electronic goods with a value of up to £15,000 to sell on.
Police research revealed the 38-year-old owner of Bigfoot Records & Entz, had a bank account which had been used in 2014 to receive £50,000 from a romance fraud. Further analysis revealed a £900,000 turnover in a bank account the previous year.
A trial at Inner London Crown Court found Adu guilty of disguising criminal property on Tuesday, July 4, having already pleaded guilty to converting criminal property, possession of a fraudulently obtained identification document and fraud by false representation.
Detective Constable Damian Ward, of the Dedicated Card and Payment Crime Unit (DCPCU), said: “Adu was a career fraudster who had falsely obtained money through a variety of means and I am delighted with this conviction.”
