$11m Cyber Fraud: Court Orders Forfeiture of N280m ‘Linked’ to Invictus Obi
The Federal High Court in Lagos on Monday ordered the forfeiture of N280m “warehoused” in the bank accounts of Invictus Oil and Gas Limited and Invictus Investment Limited.
Rilwan Aikawa, the judge, gave the order following an ex parte application filed by the Economic and Financial Crimes Commission (EFCC), on Monday.
Okeke, popularly known as Invictus, is currently standing trial in the United States of America over an alleged $11m cyber fraud.
In 2016, 31-year-old Obi was celebrated by Forbes as one of Africa’s “most outstanding 30 entrepreneurs under the age of 30.”
In an affidavit filed in support of the application, Ariyo Muritala, EFCC investigator, said the funds could be expended by Okeke and his cronies if the order is not granted.
“I know as a fact and verily believe that our investigation has revealed the following ear-aching and mind-boggling findings: (a) That the Obinwanne George Okeke is a strong leader of a cybercrime syndicate specialized in business email compromise. (b) That the said syndicate has defrauded many innocent and unsuspecting victims (g) That the said Obiwanne George Okeke has been arrested by the Federal Bureau of Investigation in the United States of America for cybercrime-related offences (h) That if these funds are not forfeited to the Federal Government of Nigeria Obiwanne George Okeke and his cronies will dissipate same,” he said.