1HACKENSACK, NJ – A 39-year-old Georgia man has been charged in connection with a nearly $1 million money laundering scheme uncovered after a 15-month financial crimes investigation, authorities announced Monday.

Bergen County Prosecutor Mark Musella said Olanrewaju B. Adeosun of Dunwoody, Georgia, was arrested in Queens, New York, on November 9 with help from multiple federal and regional law enforcement agencies.

Adeosun is accused of using cryptocurrency accounts to conceal and distribute stolen funds taken through a fraudulent wire transfer in July 2024.

Fraud traced to Palisades Park business

The case began when the Palisades Park Police Department contacted the Bergen County Prosecutor’s Office Financial Crimes Unit after an area business reported a $982,148.28 loss caused by a

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