A NIGERIAN national who helped defraud hundreds of UK students online has been ordered to pay back almost £630,000 after admitting she made £1.2million from her crimes.
On Monday (Sept 14), the Old Bailey heard how Ruth Smith-Ajala, 46, from Lambeth was jailed in December 2013 for her part in conning students out of more than £1.5m.
Students were sent emails inviting them to update details on their student loan account via a link to a bogus website.
When the site was accessed by the unsuspecting victims, a cyber crime gang gained unauthorised access to their bank accounts, stealing large amounts of money.
Smith-Ajala used her share of the cash to buy products in the UK, which she then shipped out for sale at a wholesaler in Lagos, Nigeria, that she owns.
During her trial, Smith-Ajala tried to convince the court that she was running a legitimate business but she was ultimately found guilty of conspiracy to launder money and mortgage fraud.
The mortgage fraud related to seven houses that Smith-Ajala was renting out in Gravesend, Northfleet and Chatam, in Kent; Grays, in Essex; and Catford, in London.