The United States Federal Bureau of Investigation, FBI, has arrested Oluyomi Omobolanle Bombata, also known as Bobo Chicago, for allegedly defrauding various companies and individuals of $2.8 million.

On November 20, 2024, Bobo Chicago was arrested in Chicago, Illinois, and is facing multiple charges, including wire fraud, conspiracy to commit wire fraud, money laundering, and unlawful monetary transactions.

Bobo Chicago’s fraudulent activities reportedly targeted Nigerians residing in the Houston metro area before he fled to Chicago.

Investigations by federal agents revealed that over $300,000 in illicit funds had been laundered into a well-known liquor store.

Reports indicate that Bobo Chicago and his co-conspirator are awaiting transfer to Oklahoma to face the charges against them.

Bobo Chicago joins the long list of Nigerians incarcerated as convicted criminals or facing criminal charges for money laundering.