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FBI Arrests Forbes-rated Entrepreneur, Obinwanne Okeke, Over $12m fraud

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Home Entertainment

US Confirms Invictus Obi Release Date From Prison

Kemi Ashefon by Kemi Ashefon
5 years ago
in Entertainment, General, Lifestyle, News, Politics
Reading Time: 2 mins read
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FBI Arrests Forbes-rated Entrepreneur, Obinwanne Okeke, Over $12m fraud
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Convicted fraudster Obinwanne Okeke popularly aka Invictus Obi will be released in September 2028, a statement on the website of the United States Federal Bureau of Prisons has revealed.

Mr Okeke was jailed in February for 10 years in the United States for a computer-based intrusion fraud scheme that caused approximately $11 million in known losses to his victims.

He is being held at the Federal Correctional Institution (FCI), Oakdale.

FCI, Oakdale located in Allen, Western Louisiana is a low security federal correctional institution with an adjacent minimum security satellite camp.

It has a population of 1,083 male inmates. It is an all-male inmates facility, with 997 inmates in the FCI and 86 at the camp.

According to court documents, Okeke, 33, operated a group of companies known as the Invictus Group based in Nigeria and elsewhere.

From approximately 2015 to 2019, Okeke and others engaged in a conspiracy to conduct various computer-based frauds.

One of his victims include Unatrac Holding Limited, a subsidiary of American heavy equipment manufacturer Caterpillar.

Okeke, who was arrested in August 2019, was listed by Forbes as one of the world’s influential young entrepreneurs.

He pleaded guilty to the second charge of wire fraud, earning him a deal with the US government.

As part of the deal, he would enjoy immunity from prosecution on the same matter in the US eastern district of Virginia.

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