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Nigerian Entrepreneur Sentenced To 20 Years In Jail

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A Nigerian entrepreneur has been sentenced to 20 years in jail after pleading guilty in the US to charges of internet fraud worth $11m.

The entrepreneur who was identified as Obinwanne Okeke, now aged 32, was in 2016 lauded in Forbes Africa’s 30 under 30 list. He is the chief executive of Invictus Group 

Okeke is to be sentenced in October for his part in an email phishing scheme that targeted Unatrac Holding Limited, the export sales office for Caterpillar heavy industrial and farm equipment.

Court documents disclosed that Mr Okeke and his co-conspirators obtained and compiled the credentials of hundreds of victims between 2015 and 2019. Fraudulent wire transfer requests and fake invoices were also sent, before the funds were then transferred overseas.

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