Posted on Sat 17 Aug 2019, 06:33 PM

A young Nigerian billionaire, Obinwanne Okeke, has been arrested by the US Federal Bureau of Investigation (FBI) over a $12 million fraud. The amount is about N4.3bn 

Obinwanne is rated by Forbes and the CEO of Invictus Group,

 He was arrested last week on the last day of his trip to the United States for allegedly defrauding top American companies of huge sums. 

Notably, he allegedly scammed $12m from a steel company by hacking into an executive’s office365 account and sending an email with a fake invoice to the purchase department. His arrest came after Special Agent Marshall Ward of the FBI and the team he heads opened up an investigation in July 2018, following a petition by Unatrac Holding Limited.

Obinwanne became a viral sensation after he got featured in 'Forbes Africa’s 30 Under 30' list in 2016.

He was a celebrated businessman who had a 'grass to grace' story on Forbes. The arrested suspect is said to be the 17th child of a polygamous father who died when he was 16, and he reportedly moved from one relative to another before moving Australia where he “did all kinds of jobs just to survive.” 

In 2018, Obinwanne made the list of Forbes’ 100 Most Influential Young Africans. 

His company, Invictus Group of Companies, an investment conglomerate dealing in construction, agriculture, oil and gas, renewable energy, telecoms, and real estate.  Invictus Group operates in three African countries, Nigeria, South Africa, and Zambia. His company was named as Africa’s Most Innovative Investment Company of the Year by African Brand Congress in 2017. 

 

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