A fresh criminal complaint against Olalekan Jacob Ponle aka Mr Woodberry by the Federal Bureau of Investigation (FBI) has revealed shocking details of alleged cyberfraud against the Instagram celebrity.
Prosecutors from the Federal Bureau of Investigation (FBI) in an affidavit on Sunday revealed that Woodberry’s scheme spanned nine months of 2019 and it involved multiple unknown subjects who gained unauthorized access to U.S.-based companies’ email accounts.
In the complaint, prosecutors say Woodberry defrauded an unnamed Chicago company into sending wire transfers totaling $15.2 million.
“Companies based in Iowa, Kansas, Michigan, New York and California also were victims of the fraud,” it added.
“One of these BEC schemes involved a Chicago-based company (Victim Company A) that was defrauded out of $2,300,000. A second Chicago-based company (Victim Company K) was defrauded into sending wire transfers totaling $15,268,000.00. 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 at the time he received the proceeds,” the affidavit read in part.
This development came after popular Instagram celebrity and alleged cyber fraud kingpin, Ramon Olorunwa Abbas aka Hushpuppi was paraded before a court in the United States of America over criminal charges alleging that he conspired to launder hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an English Premier League soccer club.