More Troubles For Air Peace’s Allen Onyema As U.S Govt Seeks Forfeiture Of His $14 Million Assets
The U.S. government has asked the U.S. District Court for the Northern District of Georgia to approve the forfeiture of approximately $14 million in assets of Air Peace CEO, Allen Ifechukwu Onyema.
This is contained in an indictment which outlines serious allegations of fraud and money laundering against Onyema and his colleague Ejiroghene Eghagha, Air Peace’s general counsel and finance director.
The indictment contains multiple counts against the defendants: count 1 alleges conspiracy to commit bank fraud, and counts 2 through 4 detail instances of bank fraud.
Specifically, the U.S. Government seeks forfeiture of the following:
-$4,017,852.51 from a JP Morgan Chase Bank account held by Springfield Aviation, Inc.
-$4,393,842.05 from the Bank of Montreal account also associated with Springfield Aviation, Inc.
-$5,634,842.04 from another Bank of Montreal account related to Blue Stream Aero Services, Inc.
The indictment further states that if the forfeitable property cannot be located, transferred, or diminished in value, the United States intends to seek forfeiture of other assets belonging to the defendants equivalent to the value of the forfeitable property.
This legal action is being conducted under the supervision of U.S. Attorneys Ryan K. Buchanan, Garrett L. Bradford, and Christopher J. Hoover.
