JUST IN: Obinwanne Okeke pleads guilty to N4.2 billion fraud | Premium Times Nigeria

Obinwanne Okeke, the Nigerian businessman owner of Invictus Group who was arrested in the United States last year, has pleaded guilty to $11 million fraud.

Joshua Stueve, a spokesperson for the United States District Court for Eastern District of Virginia, told PREMIUM TIMES on Thursday evening that Mr Okeke could spend 20 years maximum penalty in an American jail.“A federal district court judge will determine any sentence after taking into account the U.S. sentencing guidelines and other statutory factors,” the court official said.

Mr 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.

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. arrests six Nigerians for alleged internet fraud | Premium Times NigeriaThe United States government has arrested six Nigerians for alleged $6 million internet fraud. Most annoying almost all of them are Igbo. I shouldn't be skeptical about the news especially when I saw the names of the suspects being published
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Premium Times Daily data-react-helmet=trueBreaking news, Investigations, Multimedia, Analysis, Opinion, Business, Sports & more... by Premium Times data-react-helmet=true
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Premium Times Daily data-react-helmet=trueBreaking news, Investigations, Multimedia, Analysis, Opinion, Business, Sports & more... by Premium Times data-react-helmet=true
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigeria to introduce single window, scanners to check influx of fake, substandard products | Premium Times NigeriaThe action is expected to further complement the efforts aimed at improving efficiency at port operations.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigeria records 31 deaths, 490 new infections | Premium Times NigeriaThe Nigeria Centre for Disease Control (NCDC) has announced 490 new cases of COVID-19, bringing the total number of confirmed cases
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigeria records 587 new coronavirus cases | Premium Times NigeriaNCDC has announced 587 new cases of COVID-19, bringing the total number of confirmed cases in the country to 17,735.
Source: PremiumTimesng - 🏆 3. / 78 Read more »