US Court Jails Invictus Obi 10 Years For $11 Million Fraud

Obinwanne Okeke, head of Invictus Group of Companies, has been convicted for 10 years having pleaded guilty to 11milliom dollar fraud. 

Invictus was arrested in 2019 for running a business email and computer hacking scheme that resulted in the loss of $11 million for U.S.-based Unatrac Holding Limited.

An executive of the company in 2018 fell for Okeke’s phishing email that allowed him and his conspirators to gain his login credentials.

They sent fraudulent wire transfer requests and attached fake invoices resulting in transfers totaling nearly $11 million.

Okeke also engaged in other forms of cyber fraud, including creating fraudulent web pages, and causing other losses to numerous victims.

The convict first protested his innocence following his arrest but later changed his plea to guilty.

Chief U.S. District Judge Rebecca Beach Smith sentenced 33-year-old Okeke to 10 years in prison on Tuesday, February 16, 2021.

“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,” Raj Parekh, Acting U.S. Attorney for the Eastern District of Virginia, said after the court’s ruling.