Alleged internet fraudster, Olalekan Jacob Ponle better known as Woodberry who was arrested alongside colleague, Hushpuppi has been accused of defrauding US firms of about $15.3 million. This is according to by the Federal Bureau of Investigations (FBI).
The pair who were arrested for money laundering, hacking, impersonation, scamming, banking fraud and identity theft by the Interpol in UAE, havebeen extradited to the US. If convicted, they risk a 20 years jail term, according to reports.
They are said to have defrauded 1.9 million persons globally to the tune of N168 billion.
FBI, confirmed that, Woodbery staged business email compromise (BEC) schemes targeting accounts through computer intrusion techniques to cause the unauthorised transfer of funds from victims’ companies.
