The disgraced chairman of Invictus Group, Obinwanne Okeke, also known as Invictus Obi, was on Monday remanded in a US prison until February 2020 over an alleged $11 million fraud.
The suspected internet fraudster who made the forbes of young entreprenuers was arrested by the Federal Bureau of Investigation (FBI) last month was over an alleged $11 million internet fraud.
When the case came up for hearing on Monday in Virginia, USA, the Anambra state born fraudster pleaded not guilty to a two-count-charge of internet fraud.
The trial judge at the federal courthouse, Virginia, after taking his plea ordered that Okeke be remanded in prison until February 18, 2020 when the trial will continue.
A federal grand jury which earlier looked at the evidence presented by the FBI and the United States Department of Justice, was unanimous that Okeke should be made to forfeit at least $11 million in asset.
They found him guilty, and recommended his trial.
Okeke could spend up to 30 years in prison, with the likelihood of forfeiting his wealth if convicted.
- With agency report
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