The Federal Bureau of Investigations, FBI, has filed a case alleging that Olalekan Jacob Ponle, aka Mr Woodberry who was arrested alongside Ramon Abbas aka Hushpuppi, defrauded US firms of millions of dollars.
Police authorities had earlier shared footage of how Hushpuppi and his 11 cronies were busted in a special operation over cyber-fraud involving 1.9 million victims to the tune of N168 billion.
Arrested on June 10, the suspects were said to have been involved in crimes spanning money laundering, hacking, impersonation, scamming, banking fraud, and identity theft.
Alongside Hushpuppi, Mr Woodberry had been expelled from the UAE to the US where he is to face charges of conspiracy to commit fraud, one for which he risks 20 years jail term.
In an affidavit filed on Woodberry’s case, the FBI said that part of the sum from the scams, which he pulled between January and September 2019, had been stashed away in a Bitcoin, BTC, wallet.
Bitcoin is a type of virtual currency not issued by any government, bank, or firm but is generated and controlled through computer software operating on a decentralised peer-to-peer network.
While BTC transactions are recorded in the Bitcoin blockchain, the identities of the individuals or entities are not recorded on the public ledger, making the platform partially anonymous.
FBI said Woodberry staged business email compromise, BEC, schemes targeting accounts through computer intrusion techniques to cause the unauthorised transfer of funds from victim companies.
Among these are schemes that caused a Chicago-based company to lose $2,300,000 while another firm was defrauded into transferring a total of $15,268,000, part of which was stashed away in BTC wallet.
The affidavit read: “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.
“These schemes resulted in attempted and actual losses to victim companies in the tens of millions. Ponle directed money mules in the US to open bank accounts in the names of victim companies.
“Proceeds from BEC schemes, ranging from hundreds of thousands of dollars to millions of dollars, were then wired by unwitting employees to the bank accounts opened by Ponle’s mules.
“Ponle then instructed the mules to convert the proceeds to Bitcoin and to send the proceeds of the BEC schemes to a bitcoin wallet that he owned and operated.”
Woodberry is expected to appear in court on July 9, for hearing on his detention.
Security Operatives Use Knife, Bottle To Shave Hair Of Peaceful #RevolutionNow Protester [Photos]
Security operatives deployed to disperse members of #RevolutionNow movement in Abuja have shaved off the hair of a protester with a knife and broken bottle.
The victim revealed that the officers asked him to prostrate on the floor before one of them pulled out a knife while another used a broken bottle to cut off his dreadlocks and shave his hair.
The young man said that the security agents harassed him for wearing “brown hair’ since he was not a woman.
Another protester with bruises on his back, Damilare Ademola, said he was dehumanised and battered by the security operatives for taking part in the protest to demand better governance from the administration of President Muhammadu Buhari.
He said he was flogged with iron and chain and kicked to the ground for no reason.
He said, “I was beaten by more than four soldiers and policemen. They slapped me several times and kicked me with boots. They also collected my phone and did not return it to me.
“It is unfortunate that this government does not accommodate civic space. There is no freedom of speech in Nigeria again.”
Lady Paraded After Being Caught Stealing Cassava In A Farm In Abia [Photos]
A lady has been caught stealing cassava from a farm in Nkwedi village of Ohafia local government area of Abia state.
The lady got more than she bargained for as she was paraded round the village with what she stole. Facebook user, Endurance Kalu wrote;
A vibrant married lady without disability was caught stealing cassava from someone farm who also struggle to cultivate the farm.
She was made to carry the cassava on her head and was paraded round the village as she has to bear the heavy pain on her neck and shame of her act..
Is the villagers right or wrong for such jungle justice??
The incident happened at Nkwedi village, Ohafia local government, Abia state.
Dozens Of #RevolutionNow Protesters Arrested In Abuja
Dozens of #RevolutionNow protesters in the Federal Capital Territory (FCT) Abuja were arrested by security agents on Wednesday.
The protest, it was learnt, was to hold at the Federal Secretariat but was later moved to the Transcorp Junction around Unity Fountain, Abuja.
From around 8am, it was observed armed security operatives, including the Police, the Military and DSS among others, patrolled the area in a convoy of trucks.
At about 9am, some protesters, who turned up around the Unity Fountain, were arrested by security operatives and taken away in their trucks.
The protests eventually held at various locations of the FCT, it was gathered.
Convener of Concerned Nigerians, Deji Adeyanju, alleged 62 protesters were arrested.
“We are back to the Abacha days and this is most unfortunate. We are back to a time again in our national life when the government of the day has criminalized peaceful protests.
“Today we witnessed flogging, beating, harassing and arresting of peaceful protesters in the nation’s capital by a joint task force of security agencies.
“Many of us begin to wonder if this is what our democracy has come to be. It is most regrettable and unfortunate.
But this is the sad and painful reality that we have found ourselves today. Alas this is where we are as a nation,” Adeyanju said.
At Berger Junction, another location of the protests, one of the protesters, Pelumi Olajengbesin, a lawyer, said: “Our demand today is that there is need for us to have a conscious political revolution.
“There is a need for us to have a change of leadership. There is a need for us to have people who have clear focus, who have passion and the welfare of the interest of the people. This cannot be achieved by the political conglomeration of charlatans in authority.
“There is need for us to allow people who are determined and who have the interest of the people to take over leadership and that is why we are saying no to APC, no to PDP and no to all the rascals in political authority.
“I want to call on all Nigerians that nobody should feel so comfortable in their bedrooms. Nobody should feel so comfortable in their houses, because this country is not safe, this country is not secure. Nobody is secure.
“Even in Nigeria today police and soldiers are not secured. Even today, Generals cannot walk alone on the street.
“I want us to know that if we don’t take our future in our hands, if we don’t take our destiny in our hands, this country would continue to remain like this.
“There is no single sector in the Nigerian social system that is working today. If you look at the educational system, it is in shambles, if you look at the economy, it is in a total mess.
“This is because we have people who lack focus, who lack direction, who lack sympathy and who are selfish in positions of authority and that is why I myself as a legal practitioner, as someone who believes in the Revolution Now struggle have come out to identify with this cause.”
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