ATLANTA — An Atlanta man has been convicted of stealing more than $2.7 million from victims of romance fraud and other online scams.

Federal prosecutors say Babajide Adesayo was convicted on conspiracy and other federal charges. He was accused of being part of a network that targeted elderly victims through online relationships and other scams.

According to prosecutors, members of the network posed as friends or romantic partners to gain victims’ trust before taking their retirement savings overseas.

According to U.S. Attorney for the Northern District of Georgia officials, the money was then moved in ways that made it difficult for victims to recover their losses.

“Adesayo was a key member of a complex, transnational network that preyed upon elderly victims and siphoned their retirement savings overseas, mainly to China, Hong Kong, and Nigeria, to make recovery impossible,” said U.S. Attorney Theodore S. Hertzberg. “As a prolific money launderer, Adesayo facilitated the theft of nearly $3 million from victims and continued even after he was indicted, arrested, and released on bond. Now behind bars awaiting a significant sentence, this incorrigible swindler will face the full consequences of his actions.”

Adesayo faces up to 20 years in prison for each conspiracy count, along with additional prison time on other charges, officials said.

He is scheduled to be sentenced Nov. 20.