A United States court has sentenced Nigerian entrepreneur, Obinwanne Okeke, popularly known as Invictus Obi, to 10 years in prison for computer and wire fraud.
Obi who pleaded guilty to the crimes in June 2020 was found guilty of causing about $11 million in losses to his victims between 2015 and 2019.
Newsbreakers also gathered that Obi reportedly engaged in other forms of cyber fraud, like sending phishing emails to capture email credentials and creating fraudulent web pages.
Raj Parekh, Acting U.S. Attorney for the Eastern District of Virginia, said, “Through subterfuge and impersonation, Obinwanne Okeke, engaged in a multi-year global business email and computer hacking scheme that caused a staggering $11 million in losses to his victims. Today’s sentence further demonstrates EDVA’s and FBI’s worldwide reach in vigorously pursuing justice on behalf of American victims and others and holding international cybercriminals accountable, no matter where they commit their crimes.”
Obi’s company, Invictus Group, claims to have investments in oil and gas, construction, energy solutions, technology, and agriculture. He was also recognized by Forbes as one of the influential young entrepreneurs. He regularly shared his thoughts on entrepreneurship and investment in Africa to Forbes Africa magazine.