Invictus sentenced to 10 years imprisonment over $11m fraud

 Invictus sentenced to 10 years imprisonment over $11m fraud

By Modupe Shodeinde

A Court in the United States, has sentenced international fraudster, Obinwanne Okeke aka Invictus to 10 years imprisonment for $11 million fraud.

According to the Judge, Rebecca Smith, he was jailed for his involvement in a computer-based Internet fraud scheme amounting to the sum of $11 million.

Okeke who was on August 6, 2019 arrested by the Federal Bureau of Investigation, pleaded guilty to two charges of Internet fraud in the US that caused $11m losses to his victims.

“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,” said Raj Parekh, Acting U.S. Attorney for the Eastern District of Virginia.

Between 2015 to 2019, Okeke was exposed to have defrauded American citizens through fraudulent wire transfer instructions in a massive , coordinated , business e- mail compromise scheme.

He and other conspirators were engaged in an email compromise scheme targeting Unatrac Holding Limited, the export sales office for Caterpillar heavy industrial and farm equipment.

In April 2018, a Unatrac executive fell prey to a phishing email that allowed conspirators to capture login credentials. The conspirators sent fraudulent wire transfer requests and attached fake invoices.

Okeke participated in the effort to victimise Unatrac through fraudulent wire transfers totaling nearly $11m which was transferred overseas.

Additionally, Okeke engaged in other forms of cyberfraud, including sending phishing emails to capture email credentials, creating fraudulent web pages, and causing other losses to numerous victims.

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The 33-years-old who was described as an inspiration to many Nigerian youths before he was exposed, operated a group of companies known as the Invictus Group based in Nigeria and other countries.

He was listed on the Forbes 30 under 30 category for his business exploits and wealth.

Okeke had investments in oil and gas, agriculture , private equity, alternative energy , telecom and real estate.

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