Osarhieme Uyi Obaygbona, 32, was convicted June 27 of conspiracy to commit wire fraud, identity theft, and conspiracy to gain unauthorized access to protected computers. He faces a maximum total penalty of 50 years in prison and fines of $1 million, or twice the gross gain or loss from the offense. The scheme defrauded customers of several major financial institutions out of some $1.5 million. Sentencing is scheduled for October 17; two others have pleaded guilty and are awaiting sentencing.”]

