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$11m fraud: US confirms release date for Nigerian fraudster, Obi from prison

sunreporters by sunreporters
December 16, 2021
in Featured, Fraud news, News
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$11m fraud: US confirms release date for Nigerian fraudster, Obi from prison
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United States Federal Bureau of Prisons has announced that convicted Nigerian online fraudster, Obinwanne Okeke popularly known as Invictus Obi will be released in 2028.

The Nigerian convict is currently being held at the Federal Correctional Institution (FCI), in Oakdale, after being sentenced to 10 years in prison earlier in the year for his involvement in a computer-based intrusion fraud scheme that caused approximately $11 million in known losses to his victims.

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

The U.S Federal Bureau of Prisons in a statement shared on its website, confirmed that Mr. Okeke will be released in 2028.

Prior to his sentencing, Okeke first denied the charges against him before entering a plea bargain agreement with the U.S. authorities. He pleaded guilty to conspiracy to commit wire fraud on June 18, 2020.

His plea deal helped him secure a withdrawal of the second charge of conspiracy to commit computer fraud, which carries a lesser sentence and fines.

The prison where Mr. Okeke is being held is an all-male inmates facility.

Federal Correctional Institution (FCI), Oakdale is a low security federal correctional institution with an adjacent minimum security satellite camp. There are 997 inmates in the FCI and 86 at the camp.

Tags: Invictus ObiNigerian fraudster
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