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Nigerian brothers, Samuel Ogoshi, 24, and Samson Ogoshi, 21, has been sentenced to 18 years imprisonment in the United States for their role in a s+xtortion scheme that tragically claimed the life of 17-year-old Jordan DeMay from Michigan.

The U.S. Attorney for the Western District of Michigan Mark Totten also ordered that the convicts will undergo five years of supervised release after they served their time.

On March 25, 2022, 17-year-old high school student, Jordan DeMay, from Marquette, Michigan, di3d as a result of this s+xtortion scheme, which targeted over 100 other victims, as well.

Speaking at the sentencing, U.S. Attorney Mark Totten said: “Today’s sentencing of Samuel and Samson Ogoshi sends a thundering message to crim+nals who commit these schemes: you are not immune from justice. We will track you down and hold you accountable, even if we have to go half-way around the world to do so. The day when you could commit these crimes, rake in easy cash, d£§troy lives, and escape justice is gone.

And to parents, teenagers, and everyone who uses a cell phone: please, please be careful. These devices can connect you to crim+nal networks around the world. Don’t assume people are who they say they are. Don’t share compromising images. And if you’re a victim, please reach out. There’s help, and law enforcement stands ready.”

Samuel and Samson Ogoshi used hacked social media accounts to pose as young women and solicited explicit images from victims.

They thr£@tened to share these images with the victims’ family and friends unless they paid money, this was contained in a press release from the office of the United States Anthony’s Office.

In November 2022, the U.S. Attorney’s Office charged the Ogoshi brothers and another Nigerian, Ezekiel Robert, in connection with the scheme. Ezekiel Robert is currently appealing his extradition to the U.S.

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It's hard to afford a house these days, but the nation's homebuilders are growing more hopeful that lower mortgage rates will drive down costs and bring priced-out buyers off the sidelines.An index measuring how homebuilders feel about the short-term prospects of the market rose to a four-month high in October, the National Association of Home Builders said Thursday. The NAHB/Wells Fargo Housing Market Index, based on surveys of builders, remained in pessimistic territory at 43, up from 41 in September but still below the level of 50 that would indicate optimism.

However, builders saw better prospects for sales of new single-family homes in the next six months, according to a subindex that rose to 57 from 53 in September, reaching the highest since April.Builders expect more buyers to enter the market in the coming months as the Federal Reserve lowers its benchmark interest rate, which could put downward pressure on mortgage rates. In September, the Fed began to roll back interest rates as consumer price increases have fallen back toward pre-pandemic rates.

“Despite the beginning of the Fed’s easing cycle, many prospective home buyers remain on the sideline waiting for lower interest rates,” NAHB Chief Economist Robert Dietz said in a press release.

“We are forecasting uneven declines for mortgage interest rates in the coming quarters, which will improve housing demand but place stress on building lot supplies due to tight lending conditions for development and construction loans.”

The outlook for homebuilding could also be affected by the presidential election, with both candidates proposing policies that could shake up the housing market.

Kamala Harris has proposed using federal funds to encourage the construction of 3 million affordable homes and create a $25,000 tax credit for first-time buyers. Some economists have criticized the tax credit, predicting it would add fuel to already hot housing prices.

Trump has proposed deporting millions of illegal immigrants, which could reduce the demand for existing housing. However, homebuilders say this would decimate the homebuilding workforce and worsen the country’s longstanding housing shortage in the long run.

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