WOBURN (CBS) – A 22-year-old Reading man is under house arrest, after allegedly scamming Woburn residents out of at least $225,000 dollars.
Ikponmwosa Ogiugo is originally from Nigeria, but is now a naturalized citizen. According to police, Ogiugo was delivering newspapers to homes in Woburn last fall, and if a homeowner tipped him with a personal check, he would go to his Reading home, where he kept a check-making machine. He would then copy the check, and cash it in other states.
Police say he then had access to people’s bank accounts, once he had copies of their checks.
He managed to funnel at least $225,000 dollars into a bank in India. When he was arrested, the Bunker Hill Community College student had $4,000 dollars in cash in his apartment.
Prosecutors asked for $500,000 dollars cash bail, but the judge set bail at $5,000, and ordered Ogiugo held on house arrest. He was also ordered to turn in his passport.