Search

You may also like

Starter Scholarship to Study in International Business School, Hungary 2020/2021
Angry Entertainment

Starter Scholarship to Study in International Business School, Hungary 2020/2021

The Business School located at Budapest, Hungary is one of

laughingcrying
University of Lausanne (UNIL) Master’s Grants Scholarships 2019/2020 for Study in Switzerland.
Angry Entertainment

University of Lausanne (UNIL) Master’s Grants Scholarships 2019/2020 for Study in Switzerland.

Masters scholarships are scholarships for excellence awarded exclusively to students

laughing
International Masters Scholarships in University of Queensland, Australia 2020
Angry Entertainment

International Masters Scholarships in University of Queensland, Australia 2020

International Masters Scholarships in University of Queensland is an opportunity

Travel Plans wrapped on Scholarships

angry

Forbes-rated young Nigerian billionaire, Obinwanne Okeke arrested by FBI for fraud

Forbes-rated young Nigerian billionaire, Obinwanne Okeke arrested by FBI for fraud

A Forbes-rated young Nigerian billionaire and CEO of Invictus Group, Obinwanne Okeke has been arrested by America’s Federal Bureau of Investigation (FBI) over a $12 million (N4.3bn) fraud.

He was arrested last week on the last day of his trip to the United States for allegedly defrauding top American companies of huge sums.

Notably, he allegedly scammed $12m from a steel company by hacking into an executive’s office365 account and sending an email with a fake invoice to the purchase department.

His arrest came after Special Agent Marshall Ward of the FBI and the team he heads opened up an investigation in July 2018, following a petition by Unatrac Holding Limited.

The charge sheet reads in part “In June 2018, Unatrac Holding Limited, the export sales office for Caterpillar heavy industrial and farm equipment, headquartered in the United Kingdom, contacted the FBI. They reported that Unatrac had been victimised through an email compromise, which ultimately resulted in fraudulent wire transfers totalling nearly 11million US Dollars. After reviewing the documentation provided by the representatives, the FBI opened an investigation in July 2018.

“The FBI discovered that after capturing the legitimate credentials of Unatrac’s Chief Financial Officer, the accused was able to log in and access the CFO’s entire Office365 account, which included all of his emails and various digital files, the logs indicated that between April 6 and April 20, 2018, the intruder accessed the CFO’s account 464 times, mostly from Internet Protocol (IP) addresses from Nigeria.

“With full access to the account, the intruder sent fraudulent wire transfer requests from the CFO’s email account to members of Unatrac’s internal financial team. The intruder also attached fake invoices to the emails to enhance the credibility of the requests,” the investigator stated. The investigation, painstaking and far-reaching, lasted more than a year during which Obinwanne emerged as the principal culprit and has since been arrested while on his regular visit to the United States.”

Before his arrest, Obinwanne Okeke was a celebrated businessman who had a ‘grass to grace’ story on Forbes. The arrested suspect is said to be the 17th child of a polygamous father who died when he was 16, and he reportedly moved from one relative to another before moving Australia where he “did all kinds of jobs just to survive.” He became a viral sensation after he got featured in ‘Forbes Africa’s 30 Under 30’ list in 2016.

It is not clear how he made the list of Forbes’ 100 Most Influential Young Africans 2018, it should however be noted that he founded the Invictus Group of Companies, an investment conglomerate dealing in construction, agriculture, oil and gas, renewable energy, telecoms, and real estate.

Invictus Group operates in three African countries, Nigeria, South Africa, and Zambia. His company was named as Africa’s Most Innovative Investment Company of the Year by African Brand Congress in 2017.

Obi recently got married, had a baby last month and got listed among 100 Most Influential Young Africans in 2018 alongside Davido, Falz, Ahmed Musa. He was also nominated for the All African Business Leaders Award for Young Business Leader (West Africa) in 2018. The AABLA Award is the most prestigious award for African businessmen/entrepreneurs.

The young Nigerian who accepted an offer to be a Contributor for Forbes Magazine and published his first essay in May 2017, has however been arrested by the FBI for allegedly being a fraudster which is popularly known as ‘yahoo-yahoo’ in Nigeria.

Related topics News
Next post Previous post

You may also like

laughinggeek
#BBNaija: You Are Stupid If You Go Against Mike – Omashola warns Tacha
Cool

#BBNaija: You Are Stupid If You Go Against Mike – Omashola warns Tacha

More drama in Big Brother Naija house, as Omashola has

angry
UK to deport Nigerian mum who bribed a nurse £3,000 to pose as her baby-daddy.
Metro News

UK to deport Nigerian mum who bribed a nurse £3,000 to pose as her baby-daddy.

Nigerian immigrant, Maria Adesanya and mother of a five year-old

geek
Best 10 Countries for Adventure with pathways to Study Abroad.
Jobs

Best 10 Countries for Adventure with pathways to Study Abroad.

With all the challenges, rules and costs of making your

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Comment

Your data will be safe! Your e-mail address will not be published. Also other data will not be shared with third person. Required fields marked as *