Federal prosecutors in Minnesota have charged Nigerian-Americans Christopher Adesoji Falade, 62, and his son Emmanuel Oluwademilade Falade, 32, with wire fraud over allegations they defrauded the state’s Housing Stabilization Services (HSS) Program of more than $2.2 million.
The pair allegedly used their company, Faladcare Inc., to submit inflated and fraudulent claims for housing support services meant for vulnerable populations, including seniors and people with disabilities. Prosecutors say much of the money was diverted for personal enrichment and to pay conspirators.
Acting U.S. Attorney Joseph H. Thompson in his statement confirmed “Today we announce the first wave of charges in a massive fraud in Minnesota’s housing stabilization program, What we see are schemes stacked upon schemes, draining resources meant for those in need. The fraud must be stopped.”
FBI Special Agent Alvin M. Winston Sr. warned that such fraud “not only drains money from hardworking taxpayers, it also deprives vulnerable populations of resources to maintain safe housing.”
Authorities say the Falades claimed to serve about 100 beneficiaries but filed mostly falsified or inflated documentation. The case is part of a wider federal crackdown on HSS fraud involving other providers, including Brilliant Minds Services LLC and Leo Human Services LLC.
Mario M. Pinto of the U.S. Department of Health and Human Services called the alleged scheme “a calculated effort… to significantly exploit a program designed to serve vulnerable populations.”
Prosecutors stressed that the charges are allegations and the defendants are presumed innocent until proven guilty.
