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Invictus Obi CEO Obinwanne Okeke to forfeit diamond ring, $11 million over fraud

Amadin Ogbewe

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The Jury has indicted Invictus Obi CEO,  Obinwanne Okeke, and hence he might be forfeiting $11 million and a diamond ring.

This was confirmed by the U.S department of Justice Following the imminent commencement of his trail. 

Besides the indictment, the jury also recommended that Mr Obiwanne Okeke be made to forfeit at least $11 million in cash and asset or both if convicted.

An emerald cut engagement ring found on him when he was arrested should also be forfeited, the jury ruled. 

Mr Okeke, 31, was arrested on August 6 in the U.S. and slammed with two counts of computer and wire fraud. He was subsequently taken before a court and remanded in prison following preliminary hearings.

While he remained in custody of the U.S. Marshals Service, a grand jury was set up to look into the allegations against him.

The jury returned on September 9 with an indictment of Mr Okeke for the $11 million fraud.

The trial is scheduled to hold in the 16th if September and could be going away for up to 30 years in prison about. 

READ: 29 suspected yahoo boys nabbed by EFCC in Ibadan

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