Obinwanne Okeke ( Invictus Obi ) a multi billionaire Nigerian who was arrested last year by the FBI on charges of committing illegal financial activities and Wire Fraud allegations.
Invictus Obi has now finally plead guilty to the charges leveled against him and has entered a plea with the American Authorities in probable exchange for a lesser sentence. Already, a Senior United State District Judge, Rebecca Smith, has given an order approving the plea bargain arrangement.
“The Court has been advised that the defendant wishes to enter a plea of guilty,” Judge Smith said in her Order of April 24. “A United States Magistrate Judge is hereby authorised, with the consent of the defendant, to conduct the proceedings required by the Federal Rule of Criminal Procedure 11 incident to the making of the plea. See 28 U.S.C. Section (b) (1); United States v. Dees, 125 F.3d 261 (5th Cir.1997).
“The defendant may consent to the United States Magistrate Judge conducting the proceedings on a form provided by the clerk.
“If, after conducting such proceedings, the Magistrate Judge accepts the plea of guilty and the associated plea agreement, a presentence investigation shall be conducted and a report shall be prepared pursuant to Federal Rule of Criminal Procedure 32, and a sentencing data shall be scheduled.
“If the plea of guilty is accepted, the District Judge will adjudicate guilt and will determine and impose a sentence.”
Magistrate Judge Robert Krask has been appointed to conduct the plea agreement hearing set for June 18 at the Norfolk Magistrate Courtroom 1.
Mr Okeke was arrested in Virginia USA as he was about to make a return back to Nigeria, after a Trip to the States.
U.S. authorities allege Mr Okeke defrauded a UK company UNATRAC of up to $11 million in business email fraud. UNATRAC headquarters is in the United Arab Emirates, but the company filed complaints with the FBI through Caterpillar.
According to the Law against financial fraud in the USA , Okeke could be facing up to 30 years in jail.