A 34-year-old Nigerian, Olamide Shanu, has been extradited from the United Kingdom to the United States, where he is facing charges in connection with a $2 million fraud scheme. The US Department of Justice (DoJ) announced his arraignment on Wednesday before a Magistrate Court.

According to the indictment, Shanu, a native of Lagos State, was charged with eight counts, including wire fraud conspiracy, aggravated identity theft, cyberstalking, extortion, and money laundering. Prosecutors allege that he and his accomplices operated an online sextortion ring targeting men across the United States.

Investigators said the group posed as women on social media, persuading their victims to share explicit images. Once they obtained the photos, the suspects allegedly threatened to expose the victims to friends and family unless they paid money. One of the identified victims was a college student in Idaho.

The indictment also claims the suspects laundered the proceeds of their crimes through cryptocurrency wallets, with Shanu allegedly benefiting from at least $2 million. If convicted, he faces up to 20 years in federal prison, along with potential restitution to victims. The DoJ, however, emphasized that an indictment is not proof of guilt, as all defendants remain innocent until proven guilty in court.

This case comes weeks after another Nigerian, Chukwuemeka Victor Amachukwu, was extradited from France to the US over separate allegations of wire fraud, hacking, and identity theft, which reportedly caused losses of more than $800,000.