Connect with us


News

Court Approves Forfeiture Of N280m Linked To Invictus Obi

Published

on

Invictus Obi Pleads Guilty To N4.2bn Fraud, To Spend 20 Years In Jail

A Federal High Court sitting in Lagos has ordered the forfeiture of N280,555,010.65 found in bank accounts belonging to two companies owned by Obinwanne Okeke also known as Invictus Obi.

Naija News understands gave the approval for the temporary forfeiture of the money found in the corporate account of the alleged culprit. It will be recalled that Okeke is standing trial in the United States of American for an alleged $11m cyber fraud following his indictment alongside 77 Nigerians.

Okeke was in 2016 celebrated by Forbes International as one of Africa’s most outstanding 30 entrepreneurs under the age of 30 and described by the magazine as “proof that there is hope for Africa.”

But he was arrested in August this year by the American Federal Bureau of Investigation as the ringleader of a cybercrime syndicate, which had defrauded a number of American citizens to the tune of $11m “through fraudulent wire transfer instructions in a massive coordinated business email compromise scheme.”

Source: Naija News

A Passionate Media professional who has a penchant for creative writing. he loves watching Movies, Playing Games and sightseeing.

Advertisement