Authorities: Bergen County Man Pleads Guilty To Defrauding Foreign Country Out Of $3.5 Million

A Bergen County resident pleaded guilty in federal court Tuesday with conspiracy to commit wire fraud after he reportedly bilked a foreign country out of more than $3.5 million, authorities announced.

Bobby Boye, 51, of Mahwah, admitted orchestrating a scheme to defraud a foreign country using a fake law and accounting firm he created, U.S. Attorney Paul J. Fishman said. Authorities did not release the name of the country.

Boye, who is also known as “Bobby Ajiboye” and “Bobby Aji-Boye,” was an international legal advisor for the nation he victimized, authorities said. He served on a committee responsible for reviewing and evaluating bids for a multimillion-dollar contract to provide legal and tax accounting advice for the nation.

Boye created Opus & Best Law Services LLC, a sham law and accounting firm based in New York, Fishman said, and submitted a bid on the firm’s behalf for the contract that contained several “material misrepresentations and omissions.”

The bid stated that the firm was founded in 1985, registered in Europe, the Middle East, and Africa, had several employees on its payroll, and performed prior consulting work for another country, all of which were not true, authorities said.

Based on the bid, the country awarded the contract to Opus & Best. The contract named Boye as one of two project coordinators acting on the country’s behalf. He had the authority to receive and approve payment invoices.

Between June and December 2012, the country wired more than $3.5 million to Opus & Best’s business checking account, which Boyd controlled.

Fishman said Boyd used part of the money to purchase four New Jersey properties for more than $1.5 million, a $215,000 Rolls Royce, $172,000 Bentley, and $100,000 Range Rover, and two designer watches for nearly $20,000.

The conspiracy count carries with it a maximum term of 20 years in prison and a $250,000 fine.

Boye is scheduled to be sentenced for August 13.

Agents from the Federal Bureau of Investigation’s Garret Mountain office in Woodland Park headed up the investigation.