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Texas man sentenced for illegally obtaining loans in Mississippi

By Kristopher White Feb 29, 2024 | 10:53 AM

JACKSON, Miss. (WJTV) – A Texas man was sentenced to six years in prison and ordered to pay restitution for illegally obtaining more than $400,000 in government benefits.

According to court documents, Ganiyu Abayomi Jimoh, 30, conspired with others to commit wire fraud by opening numerous bank accounts in Hinds, Madison, and Rankin counties using other individuals’ personal identifying information.

Prosecutors said they fraudulently applied for multiple Economic Injury Disaster Loans (EIDL) through the Small Business Administration (SBA). In August and September 2020, Jimoh received four direct deposits from the SBA totaling $439,500.

At the time of the instant offense, Jimoh was on federal bond out of the Southern District of Texas. Although Jimoh lived in Houston, Texas, prosecutors said he traveled to Mississippi on multiple occasions to visit different banks.

Jimoh pled guilty in November 2023 to conspiracy to commit wire fraud.

The United States Secret Service investigated the case.