Invictus Obinwanne Okeke, the CEO of Invictus Group and Nigeria’s Forbes-celebrated young billionaire has pleaded guilty to $11 million (N4.2 billion) fraud charge in the U.S.
Popularly called Invictus Obi made it into Forbes Africa’s 30 under 30 list in 2016 as a young African entrepreneurs. But the young e-billionaire was arrested by the Federal Bureau of Investigation (FBI) over a fake wire transfers.
Invictus, who was arrested in August 2019 by the U.S. FBI for allegedly being the ringleader of a global cybercrime syndicate who specializes in Business email compromise (BEC) attack.
According to the FBI, his organised syndicate had defrauded several American citizens to the tune of $11m through fraudulent wire transfer instructions in a massive coordinated business email compromise scheme.
PremiumTimes reported that Invictus Obi has pleaded and waiting to be sentenced in October. According to the report, the 32-year-old admitted to American prosecutors that he was involved in computer-based fraud between 2015 and 2019.
Meanwhile, Joshua Stueve, a spokesperson for the United States District Court for Eastern District of Virginia, revealed that the suspect could spend 20 years maximum penalty in an American jail.
He would be sentenced on October 22, Mr Stueve said.
Robert Krask, an American judge of the district, certified the guilty plea on Thursday morning.