For Immediate Release:
November 17, 2025

Bergen County Prosecutor Mark Musella announced the arrest of 39-year-old OLANREWAJU B. ADEOSUN of Dunwoody, GA, in connection with a money laundering investigation. This arrest is the result of a lengthy investigation conducted by the Bergen County Prosecutor’s Office, under the direction of Chief Matthew Finck.

In July 2024, the Palisades Park Police Department contacted the Bergen County Prosecutor’s Office Financial Crimes Unit regarding a fraudulent money wire that resulted in a $982,148.28 loss to an area business. An investigation by the Bergen County Prosecutor’s Office Financial Crimes Unit, which spanned nearly 15 months, revealed that the stolen funds were moved across multiple financial accounts and into multiple cryptocurrency exchanges. Detectives determined that OLANREWAJU B. ADEOSUN used a fictitious cryptocurrency account to distribute the stolen proceeds as digital assets and transfer them to various financial accounts in his control. The funds were then withdrawn and used for his personal benefit.

On Monday, November 9, 2025, with the assistance of the Department of Homeland Security, the Port Authority Police Department of NY & NJ, and U.S. Customs & Border Protection agents, detectives from the Bergen County Prosecutor’s Office located OLANREWAJU B. ADEOSUN in Queens, NY. ADEOSUN was arrested and charged with first-degree money laundering, N.J.S.A. 2C:21-25a/21-25b. ADEOSUN remains in the custody of New York authorities, pending extradition to Bergen County, NJ.

Prosecutor Mark Musella states that the charges are merely accusations, and that the defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt. Prosecutor Musella thanks the Department of Homeland Security, Dunwoody (GA) Police Department, Palisades Park Police Department, Port Authority Police Department of NY & NJ, Queens County (NY) District Attorney’s Office, and U.S. Customs & Border Protection for their coordination and assistance with the apprehension of the defendant.