Entertainment & Gist
Woodbery Defrauded US Firm Of $15.3 Stashed Away In Bitcoin Wallet
For Online PR / Hype / Music Promotion Call 08074130688
The Federal Bureau of Investigations, FBI, has filed a case alleging that Olalekan Jacob Ponle, who was arrested alongside Hushpuppi, defrauded US firms of millions.
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, Ponle, who is better known as Woodbery, 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 Woodbery’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 Woodbery 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.”
Woodbery is expected to appear in court on July 9, for hearing on his detention.
-
News1 week agoEfe Omorogbe Weighs In: Mediation With Pastor Madubuko, EeZee Concept and Mercy Chinwo Focused on Master Rights
-
News1 week agoEeZee Tee Responds to Apostle Anselm Madubuko: Dispute Centered on Master Rights, WE DID NOT DIVERT FUNDS
-
Naija News1 week ago“Restoring Hope: Pastor Paul Enenche’s Humanitarian Outreach to Agatu Victims.”
-
Naija News6 days agoPastor Paul Enenche’s Prophecy of Averted Plane Crash Comes to Pass – A Testament to Divine Intervention!
-
Naija News2 weeks agoAnonymous US Journalist Exposes Shocking Allegations About Dr. Damina’s Role in Church Division
-
Naija News2 weeks agoEx Dunamis Pastor’s Dark Turn, Ex-Wife Alleges Occultic Practices and Family Threats
-
Naija News1 week agoFrom Orile Market to Victoria Island: Billionaire Dr. Stanley Uzochukwu’s Inspiring Journey
-
Naija News2 weeks agoAir Peace: Africa’s Safest Airline, Certified by IATA – Experience Excellence in the Skies.”
Pingback: sexy girl
Pingback: instant crypto exchange
Pingback: https://stealthex.io
Pingback: chat rooms
Pingback: Polka Dot Mushroom Bars
آموزش معاملات اسپات در صرافی توبیت
December 29, 2024 at 9:46 PM
I love reading through an article that can make people think.
Also, many thanks for allowing for me to comment!
Free Gift
December 30, 2024 at 12:29 PM
Excellet webb site. Plｅnty off usefl infcormation here.
I amm sendding іit too ѕoje buddie anns als sharing
inn deliсious. Annd obviously, hanks iin yyouｒ effort!
Vieit myy weeb blog: Free Gift
discriminate against [gender]
January 5, 2025 at 3:16 AM
Tһank you, I hsνe rscently been ssarching foor іnfo aboht thiѕs topc foгг
ags andd youгs iss tthe greatfest I havve fund ouut tilkl noᴡ.
But, wwhat iin regards too thee bottgom line? Arеe yʏou sute
aout tthe source?
Heree iis mmy wweb pagbe :: discriminate against [gender]
من به این سایت معتبر اعتماد دارم
January 5, 2025 at 7:59 PM
سلام به همه! واقعاً مقاله شما فوق‌العاده بود.
به نظرم اگر کسی به دنبال اطلاعات جدید و به‌روز
در این حوزه باشد، باید حتماً این سایت را مطالعه کند.
مرسی از نویسنده عزیز!
از محتوای این سایت معتبر لذت می‌برم
January 6, 2025 at 6:33 AM
سلام و خسته نباشید! این سایت خیلی حرفه‌ایه و من
واقعاً از مطالبش لذت می‌برم. امیدوارم همیشه موفق باشید.
bet on sports without ID
January 6, 2025 at 9:11 PM
Veeｒy ѕoon thiks webste will bee faamous amng aall blogging people, duue
tоo it’ѕ pⅼasant posts
My site; bet on sports without ID
shartmamnoo.ir
January 9, 2025 at 2:54 PM
سلام و عرض ادب! این سایت برای من یه مرجع
کامل شده و من واقعاً از مطالب اینجا خاص و حرفه‌ای هستن لذت بردم.
بههمه پیشنهاد می‌کنم امتحان کنن
و از خدمات با کیفیت شما بهره‌مند بشن.
همچنین پیشنهاد می‌کنم برای بهبود سئو سایت
خود، بک‌لینک‌های سایدبار را از
ѵirgool.io خریداری کنید.برای ارتباط با
من به تلگرام @myd_80 مراجعه کنید. ما
یک گروه سئو پرم در تلگرام داریم و پست‌های
مهمان با کیفیت برای فروش ارائه می‌دهیم.
Also visit my site – مشاوره سئو در گروه تلگرام; shartmamnoo.ir,
ربات سوال ناشناس تلگرام
January 10, 2025 at 4:58 AM
Hello my friend! I want to say that this article is amazing,
nice written and include approximately all vital infos.
I would like to peer extra posts like this .