A fresh criminal complaint against Olalekan Jacob Ponle aka Mr Woodberry by the Federal Bureau of Investigation (FBI) has revealed shocking details of alleged cyberfraud against the Instagram celebrity.
Prosecutors from the Federal Bureau of Investigation (FBI) in an affidavit on Sunday revealed that Woodberry’s scheme spanned nine months of 2019 and it involved multiple unknown subjects who gained unauthorized access to U.S.-based companies’ email accounts.
In the complaint, prosecutors say Woodberry defrauded an unnamed Chicago company into sending wire transfers totaling $15.2 million.
“Companies based in Iowa, Kansas, Michigan, New York and California also were victims of the fraud,” it added.
“One of these BEC schemes involved a Chicago-based company (Victim Company A) that was defrauded out of $2,300,000. A second Chicago-based company (Victim Company K) was defrauded into sending wire transfers totaling $15,268,000.00. Preliminary blockchain analysis indicates that PONLE received at least 1,494.71506296 bitcoin related to these BEC schemes, valued at approximately $6,599,499.98 at the time he received the proceeds,” the affidavit read in part.
This development came after popular Instagram celebrity and alleged cyber fraud kingpin, Ramon Olorunwa Abbas aka Hushpuppi was paraded before a court in the United States of America over criminal charges alleging that he conspired to launder hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an English Premier League soccer club.
Join the conversation
INVESTIGATION: Inside UNILAG’s multi-million naira budgetary abuse and academic discord
The University of Lagos located in Nigeria’s commercial capital, Lagos, has been embroiled in controversies with allegations bothering on misappropriation of...
SPECIAL REPORT: Displaced residents of Zamfara battle hunger, as underfunding derails Nigeria’s nutrition goals
On paper, Muhammad Zayyanu is seven years old. The quiet boy who looks shorter for his age could not recollect...
INVESTIGATION: N7.3bn paid for unnamed projects; how Nigerian govt spent N2.2trn in six months
Analysing nearly 3,000 payments made by various Federal Government Ministries, Departments and Agencies (MDAs) over the previous six months (January...
INVESTIGATION… Delay rocks Nigerian govt’s promise of N30,000 covid-19 relief for artisans, others
Before the outbreak of the COVID-19 pandemic in February, 2020, Chukwudi Okoroigwe’s daily earnings as a bus driver was hardly enough to cater to the...
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...