Besides agreeing to make restitution, he also agreed to forfeit to the United States any property “constituting or derived from proceeds obtained, directly or indirectly, as a result of the offence, and any property used, in any manner or part to commit the offence.”
Within the period, US prosecutors said, Woodberry defrauded “victim companies and other businesses by means of materially false and fraudulent pretences, representations, and promises.” “Once access to this email account had been accomplished, the co-schemers changed certain security settings in the email account to hide their activity from the actual email account user,” prosecutors said in the plea agreement signed by Woodberry.
“PONLE knew that he had no right to the money and that the email was intended to defraud Victim Company B into paying money owed to the supplier to an account controlled by PONLE rather than the supplier. It added that Woodberry’s instruction, Individual B converted approximately $119,000 of the proceeds of the fraudulent wire transfer to Bitcoin. “Individual B then sent the Bitcoin to PONLE’s Bitcoin wallet.”Woodberry, according to the plea agreement, set up the fraudulent bank account with which he received proceeds of the fraud nine days before he requested payment through Victim Company B’s compromised email account on 16 January 2019.
The best candidate for the next lagos stage governorship elections under APC
'it's not him that committed the Fraud, it's his bank account that committed the Fraud'- APC SANs
Potential OfficialAPCNg Presidential Candidates for 2045,just be a criminal your welcome to APC
He will end up contesting for the Nigerian presidency someday and some CORNfield bat-stards will defend his candidacy.
He shall return tomorrow to be president since the forfeiture wasn’t made in a Nigerian court. Clowns 🤡
A future politician in Nigeria.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Posh Dubai assets Hushpuppi’s ally, Woodberry, is to forfeit to US govtWoodberry, an ally of another jailed fraudster, Hushpuppi, agreed to make $8 million restitution and surrender the posh assets he owned in Dubai, in a plea agreement he signed with the US government. In 1993, Bola Ahmed Tinubu surrendered $460,000 to the U.S. government after a Chicago court found the income came from packing and shipping heroin —— UberFacts DailyLoud 🔥🔥 BolaTinubuIsADrugDealer TinubuIsNotMyPresident Future Nigerian president 🤫 Make we dave this post for future purposes. E no deh hard APC,FFK and Keyamo go say nah him laptop,no be him.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Hushpuppi's associate, Woodberry, pleads guilty, forfeits $8m, assetsOlalekan Jacob Ponle, known as Mr Woodberry, has pleaded guilty to wire fraud. Something wey him for don do since America wey get time for anything…. Wishing him all the best sha After 20 and he want to contest for election in Nigeria, you will be hearing Yoruba E Ronu o😂😂 Wawu
Source: MobilePunch - 🏆 8. / 63 Read more »
EXCLUSIVE: Woodberry, Hushpuppi's ally, pleads guilty to fraud charge in USWoodberry, who pleaded guilty at a US court, is well-known to be an ally of another Nigerian international fraudster, Ramon Abbas, alias Hushpuppi, who was jailed for 11 years by another US court last year. Woodberry, the one chatting with the FBI and not aware? The one who some claim put his major hush funds into crypto wallet which he denied to disclose. Good luck to them. Our future president 🙌🏽 If Tinubu a well known heroine packager and pusher can become Nigerian president,hushpuppi and woody have a very bright chance to become either president or govornor of their respective state,Nigeria is a crime against humanity!
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Hushpuppi’s Ally, Woodberry, Pleads Guilty To Internet Fraud, Forfeits $8m, OthersSerial Internet fraudster and Hushpuppi's associate, Olalekan Jacob Ponle, known as Woodberry, has pleaded guilty to internet fraud. is this a recipe? Tomorrow he could contest for the presidency of Nigeria 🇳🇬. It’s like a prerequisite now. At least you agreed
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Woodberry, Hushpuppi’s ally, pleads guilty to fraud | TheCableOlalekan Ponle, better known as Woodberry, has pleaded guilty to a fraud charge at a United States district court...
Source: thecableng - 🏆 2. / 80 Read more »
Hushpuppi’s partner Woodberry to pay $8 million after pleading guilty to fraud | The Guardian Nigeria News - Nigeria and World NewsOlalekan Jacob Ponle known as Woodberry, has pleaded guilty to a fraud charge at the US District Court for Northern Illinois. Woodberry is an ally of Nigerian fraudster Ramon Olorunwa Abass known as Hushpuppi who was arrested along with him in Dubai in June 2020. READ ALSO: How Hushpuppi, others were arrested The gang was […] Future president loading. He's met all the criteria 👍 Another forfeiture.. he can now contest for elections after paying the fine
Source: GuardianNigeria - 🏆 1. / 94 Read more »