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Jury convicts 2 in $50 million bank fraud conspiracy

Published 02/28/2012

A federal jury convicted two people on Tuesday for their roles in a $50 million bank fraud conspiracy that authorities say depended on identity theft by employees of some of America's largest banks. Julian Okeayaninneh, 43, of Colton, Calif., and Olugbenga Temidago Adeniran, 35, of Minneapolis, were found guilty of multiple counts, including bank fraud conspiracy and aggravated identity theft. Two other defendants were acquitted after the three-week trial in U.S. District Court.

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