Bangladesh, Aug. 29 -- In a significant victory for law enforcement agencies combating transnational organized crime, a federal jury in Puerto Rico has convicted 37-year-old Nigerian national Oluwasegun Baiyewu of conspiracy to launder funds derived from wide-ranging international fraud schemes. This conviction marks the fifth in a series of prosecutions targeting a group of Nigerian nationals involved in sophisticated financial crimes that exploited vulnerable populations in the United States.

According to a statement released by the Office of Public Affairs of the US Department of Justice, Baiyewu, a resident of Richmond, Texas, was found guilty following a 22-day trial held in San Juan. His conviction follows those of four co-defendan...