Olalekan Jacob Ponle popularly known as Mr. Woodberry, an internet fraudster and an ally of the convicted internet fraud kingpin, Ramon Abbas popularly known as Hushpuppi, has pleaded guilty to count one of the eight counts brought against him in the US. He further agreed to surrender $8 million in proceeds of wire fraud as well as luxury cars and watches to the foreign government. Woodberry earlier pleaded not guilty to the charges in which he was accused of engaging in a fraudulent scheme known as Business Email Compromise (BEC).
Woodberry, Ally Of Internet Fraud Convict, Hushpuppi Pleads Guilty To Fraud Charge In US, Agrees To Pay Victims $8MillionHe further agreed to surrender $8 million in proceeds of wire fraud as well as luxury cars and watches to the foreign government.
Woodberry earlier pleaded not guilty to the charges in which he was accused of engaging in a fraudulent scheme known as Business Email Compromise . In July 2020, SaharaReporters reported that Hushpuppi, Woodberry and 10 others were arrested in an operation tagged ‘Fox Hunt’ after they were accused of “committing crimes outside the UAE, including money-laundering, cyber fraud, hacking, criminal impersonating, scamming individuals, banking fraud and identity theft.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EXCLUSIVE: Woodberry, Hushpuppi's ally, pleads guilty to fraud charge in USWoodberry, who pleaded guilty at a US court, is well-known to be an ally of another Nigerian international fraudster, Ramon Abbas, alias Hushpuppi, who was jailed for 11 years by another US court last year.
Read more »
Hushpuppi's associate, Woodberry, pleads guilty, forfeits $8m, assetsOlalekan Jacob Ponle, known as Mr Woodberry, has pleaded guilty to wire fraud.
Read more »
Man in court for N4.3m New Zealand visa fraudHe allegedly, at different times, defraud three people of N2.35m, N1.35m and N0.6m, respectively.
Read more »
Reps summon Malami, finance minister over 'fraud' in whistleblower programme | TheCableA house of representatives committee has summoned Abubakar Malami, attorney-general of the federation; and Zainab Ahmed, minister of finance, over the implementation of the whistleblower policy of the federal government.
Read more »
Police declare Chinmark CEO wanted over alleged N480m fraudThe Nigeria Police Force, NPF, has declared the Chief Executive Officer of Chinmark Group, Ijiomah Marksman Chinedu, wanted for alleged investment fraud.
Read more »
Court fines convict N100,000 for N20 million fraudEFCC says the convict perpetrated the N20 million fraud under the guise of executing a contract for the supply of water pumps awarded by the Norwegian Refugee Council, a non-governmental organisation.
Read more »