Home News What We Know About Obinwanne Okeke’s 10-Years Jail Sentence

What We Know About Obinwanne Okeke’s 10-Years Jail Sentence

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Obinwanne Okeke’
Obinwanne Okeke’

Bella Naija

Nigerian businessman and owner of Invictus Group, Obinwanne Okeke, aka Invictus Obi, will spend the next 10 years in prison for his conviction of computer and wire fraud by an American court.

Okeke was arrested in August 2019 as he was about leaving the United States for Nigeria and held in jail for several months for $11 million (N4.2 billion) fraud. He initially pleaded not guilty and was remanded by different district court judges.

Okeke and other conspirators were accused of targeting American businesses. Unatrac, a subsidiary of heavy equipment giant Caterpillar, was amongst the companies said to have been targeted by the cartel in a business email compromise scheme for several years.

The conspirators sent fraudulent wire transfer requests and attached fake invoices. Okeke participated in the effort to victimize Unatrac through fraudulent wire transfers totalling nearly $11 million, which was transferred overseas.

In June, he pleaded guilty to a conspiracy to commit cyber fraud, including sending phishing emails to capture email credentials, creating fraudulent web pages, and causing other losses to numerous victims.

According to a press release by the Department of JusticeRaj Parekh, acting U.S. Attorney for the Eastern District of Virginia said, “Through subterfuge and impersonation, Obinwanne Okeke engaged in a multi-year global business email and computer hacking scheme that caused a staggering $11 million in losses to his victims.”

“Today’s sentence further demonstrates EDVA’s and FBI’s worldwide reach in vigorously pursuing justice on behalf of American victims and others and holding international cybercriminals accountable, no matter where they commit their crimes”.

In 2016, Obinwanne was named in Forbes Africa’s “30 Under 30” list and was featured in the magazine’s June cover. In 2017, Invictus Group was named “Africa’s Most Innovative Investment Company of the Year” by African Brand Congress. The same year, Obinwanne has nominated in the “Young African Business Leader (West Africa)” category for the All Africa Business Leaders Awards ( AABLA).

In 2018, BellaNaija featured Obinwanne Okeke in our Man Crush Monday series. We have since taken the post off our website and deleted from our social media.

“The FBI will not allow cybercriminals free reign in the digital world to prey on U.S. companies,” said Brian Dugan, Special Agent in Charge of the FBI’s Norfolk Field Office. “This sentencing demonstrates the FBI’s commitment to working with our partners at the Department of Justice and our foreign counterparts to locate cybercriminals across the globe and bring them to the United States to be held accountable.”

You can read the press release by the Department of Justice here.

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