Nigerian entrepreneur, Obinwanne Okeke also known as Invictus Okeke, is facing a 20-year jail term in the United States after pleading guilty to an $11 million business email compromise scam.
He was arrested last year 2019, by the Federal Bureau of Investigation (FBI) at Dulles International Airport in the process of leaving the US.
His sentence is due on October 22, 2020, by Magistrate Judge Robert J. Krask of the District Court for the Eastern District of Virginia.
According to the U.S. Attorney’s Office Eastern District of Virginia, Okeke pleaded guilty to a computer based intrusion fraud scheme that caused $11 million in losses to his victims.
The Nigerian, who was once listed by Forbes as one of the 100 Most Influential Young Africans, conspired with some other people in engaging in a conspiracy from approximately 2015 to 2019 to conduct various computer-based frauds.
The conspirators, court documents showed, “obtained and compiled the credentials of hundreds of victims, including victims in the Eastern District of Virginia and elsewhere.”
They “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 U.S. Attorney’s Office added that having pleaded guilty, Okeke faces a maximum penalty of 20 years in prison when sentenced on October 22, 2020, Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge will determine any sentence after taking into account the U.S. Sentencing Guidelines and other statutory factors.