PEORIA – A Chicago man pleads guilty to stealing money in a tax fraud scheme using personal information of Bradley University employees.
Tuesday, Gbadebo Adebiyi, 41, admitted in federal court to participating in a scheme dating back to 2015. Then, Bradley University reported a data breach of employees’ personal information which was used to file false 2014 tax returns. Adebiyi confessed to working with others to collect money from the tax returns.
Court documents reveal the scheme resulted in an estimated $700,000 loss.
Adebiyi faces up to five years in prison, and will be sentenced on May 3.
Authorities are still searching for another man, 35-year-old Idris Akande, also of Chicago. Akande is listed as a co-defendent in this case and remains a fugitive.