UPPER MARLBORO, MD — A Prince George's County man has been sentenced to prison for his role in a multi-million-dollar money laundering scheme.
Judge Matthew J. Maddox sentenced Adanegbe "Gift" Osemwenkhae, 41, of Upper Marlboro to eight years in prison followed by one year of supervised release for money laundering. The judge also ordered Osemwenkhae to pay $20,851,940.80 in restitution.
In April 2025, Osemwenkhae pleaded guilty to serving as a manager and supervisor of a large multi-member money laundering conspiracy.
According to court documents, starting in 2020 and continuing until February 2024, Osemwenkhae conspired with multiple individuals to launder proceeds of a large-scale wire fraud.
Osemwenkhae supervised and controlled the money laundering conspiracy, and directed the laundering of more than $20 million in stolen proceeds from at least 15 different victims.
The victims included government agencies, organizations and companies, including an environmental trust, urban redevelopment program, medical center, transportation and logistics company, school district, college and county government.
They created limited liability companies to serve as shell entities, opened bank accounts in the name of their shell entity and received and laundered fraud proceeds.
The U.S. Attorney's Office for the District of Maryland charged 14 defendants in two different cases in connection to this money laundering conspiracy with 13 pleading guilty and receiving federal prison sentences.
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