Nigerian businessman and owner of Invictus Group, Obinwanne Okeke has pleaded guilty to fraud in the United States. The 32-year old admitted to American prosecutors that he was involved in computer-based fraud between 2015 and 2019, Premium Times reports.
Joshua Stueve, a spokesperson for the United States District Court for Eastern District of Virginia on Thursday said that Okeke could spend 20 years maximum penalty in an American jail. He said;
“A federal district court judge will determine any sentence after taking into account the U.S. sentencing guidelines and other statutory factors,”
Okeke and other alleged conspirators said to still be at large were accused of targeting American businesses in a probe led by the Federal Bureau of Investigation. Unatrac, a subsidiary of heavy equipment giant Caterpillar, was among the companies said to have been targeted by the cartel in a business email compromise scheme for many years. Over $11m was said to have been traced to his dealings, amidst claims that Okeke allegedly used this to build a business empire in Abuja and other parts of Nigeria
Obinwanne Okeke was arrested in August 2019 by the Federal Bureau of Investigation for his involvement in $11m fraud. He is expected to be sentenced on October 22.