US Court Jails Invictus Obi Over $11m Fraud

Rebecca Smith, chief district judge of United States District Court for the Eastern District of Virginia, ordered that Invictus Obi be jailed for 10 years for scam-related crimes committed in 2019.

She delivered the judgement on Monday.

Smith opined that the 33-year-old was jailed for his involvement in a computer-based intrusion fraud scheme that resulted in known losses of $11 million to his victims.

“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,” Raj Parekh, acting US attorney for the Eastern District of Virginia, said.

Invictus Obi Convicted in the US by the FBI
Invictus Obi Convicted in the US by the FBI

“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.”

According to court documents obtained from the Court’s website, Okeke operated a group of companies known as the Invictus Group based in Nigeria and elsewhere.

As part of the scheme, Okeke and others engaged in an email compromise scheme targeting Unatrac Holding Limited, the export sales office for Caterpillar heavy industrial and farm equipment.

In April 2018, a Unatrac executive fell prey to a phishing email that allowed conspirators to capture login credentials. The conspirators sent fraudulent wire transfer requests and attached fake invoices.

Okeke participated in the effort to victimize Unatrac through fraudulent wire transfers totaling nearly $11 million, funds which were transferred overseas.

The Nigerian was once listed by Forbes as one of the 100 Most Influential Young Africans.

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