Conman fails in huge scam against council

By Rob Virtue on December 13, 2011 5:11 PM |


A fraudster who tried to con Tower Hamlets Council out of over £800,000 has been sent to prison.

Olakunle Fayomi, 35, of Waterhead Close in Erith, Kent, attempted to divert, to a fraudulently obtained bank account which he controlled, borough payments meant for contractors.

For the scam he made false documents purporting to be from the contractor ordering for the sums to be paid into the fake account.

A council officer became suspicious and, after checking with the contractor, called the police.

Fayomi, who had set up a number of bank accounts using identification obtained from the DVLA, was arrested and then charged.

He was convicted and sentenced at Snaresbrook Crown Court last Thursday to four years and six months in prison for fraud and money laundering.

A spokesperson from the council said: "Fraudsters will always try and exploit systems to the detriment of law abiding citizens and we are aware this type of fraud has also been perpetrated against other local authorities.

"The council takes its responsibility to safeguard public funds very seriously, and has systems and processes in place to protect its assets."

DS Ian Cameron said: "This goes to show that when a matter is reported promptly to police it can lead to a successful conviction."

The fraud took place in May and June last year.