United States v. Tochukwu Abel Edeh and United States v. Amen Morenike Okundaye Dockets: 21-cr-10293-RGS and 22-CR-10017-LTS

Certain individuals have been convicted of conspiracy to launder money from online investment fraud schemes and of conspiracy to operate an unlicensed money transmitting business that laundered fraud proceeds.


The alleged scheme involved a number of purported investment fraud schemes that purported to offer investors the chance to profit from cryptocurrency arbitrage, mostly involving Bitcoin, and from exotic investments such as binary options, e.g., binary options pertaining to non-farm payroll (“NFP”) futures.  The timeframe of the alleged conduct is between the years 2015 and 2021.


The investment fraud schemes used the following names on the internet, including Facebook, and other social media:

PrimeFx a/k/a Global Prime a/k/a
BFX Investors
Coin Securities
DX Traders
FXT Investors / The I-Wize Group
Pinnacle Investments
Zebron Investments

The persons perpetrating the frauds told victim investors to send their investment money to exchangers, including the defendants Tochukwu Abel Edeh, Amen Morenike Okundaye, and their co-conspirators who then transferred money but did not invest it.


If you invested in any of the schemes listed above and would like to determine if the money laundering and money transmitting conspiracy in these cases transmitted your investment money, or if you have questions related to being identified as a victim in these cases, please send an email to and provide your name and best contact information. A member of the Victim Witness Unit will contact you.

FCC Posting

On November 30, 2021, Bristol County  Broadcasting, LTD, licensee of WSAR, 1480 kHz, Fall River, MA filed an application with the Federal Communications Commission for renewal of its broadcast station license.  Members of the public wishing to view the application or obtain information about how to file comments and petitions on the application can visit, and search in WSAR's public file.