Okeke, who was on August 6, 2019 arrested by the Federal Bureau of Investigation , later pleaded guilty to two charges of Internet fraud in the US that caused $11m losses to his victims. He risks a maximum sentence of 20 years in jail.
The defendant who had investments in oil and gas, agriculture , private equity, alternative energy , telecom and real estate had operated his holdings under the ‘ Invictus Group’ and had presence in three countries including Nigeria, South Africa and Zambia.
The businessman , who was described as an inspiration to many Nigerian youths before he was exposed, is believed to have defrauded American citizens through fraudulent wire transfer instructions in a massive , coordinated , business e- mail compromise scheme.
Last December , a Federal High Court in Lagos ordered the permanent forfeiture of N235, 451, 969 found in his bank account.