The Chief Executive Officer of Invictus Group and Young Nigerian entrepreneur, Obinwanne Okeke has pleaded guilty to the $11 million internet fraud charges by the Federal Bureau of Investigation (FBI). He agreed to the computer-based intrusion fraud scheme charges which made his victims lose $11 million.
This was revealed in a publication by the US Attorney’s Office Eastern District of Virginia, Department of Justice.
According to the court documents, the 32-year-old Obinwanne Okeke and his partners in crime carried out these acts between 2015 and 2019 through various computer-based frauds. His partners obtained and compiled credentials of many victims which include victims in the Eastern District of Virginia and other places.
While carrying out the fraud, Okeke and his partners engaged in an email compromise scheme that targeted Unatrac Holding Limited. In April 2018, an executive of Unatrac became a victim of a phishing email that permitted conspirators to capture login credentials. Fraudulent wire transfer requests and attached fake invoices were sent by the conspirators. Okeke was an active partaker in the efforts against Unatrac via fraudulent wire transfers totalling around $11 million, which was wired overseas.
The Invictus boss pleaded guilty to conspiracy to commit wire fraud and as such, faces a maximum penalty of 20 years in prison. The final judgement will be given on October 22.
Obinwanne Okeke made it into Forbes Africa’s under 30 list in 2016. He initially denied committing any crime against American citizens or companies and questioned the jurisdiction of the court in US.
