The United States authorities plan to sell 152 bitcoins seized from internet fraudster Olalekan Jacob Ponle, known as Mr Woodberry, following his guilty plea to $8 million wire fraud.
A document filed Friday at the U.S District Court for the Northern District of Illinois regarding Mr Woodberry’s forfeiture order said the U.S. Marshal Service will now take custody of the seized crypto assets for disposition.
This also followed Mr Woodberry’s agreement to forfeit all proceeds of the wire fraud, which he committed using the name ‘Mark Kain’, by recruiting at least four money mules while he resided in Dubai, United Arab Emirates.
He was arrested by law enforcement officers in Dubai and later handed over to. the Federal Bureau of Investigation in 2020. He was promptly transferred to Chicago, where he has been standing trial.
The federal authorities called on interested persons to file a claim for the property within 30 days and register with valid documents, saying they would “provide written notice to any person known to have alleged an interest in the property that is the subject of the preliminary order of forfeiture.”
If nobody comes forward to claim ownership of the seized assets, American prosecutors said they would proceed to advertise their sale.
On June 29, federal prosecutors asked a judge to sentence Mr Woodberry to 14 years’ imprisonment for the fraud he committed between January and September 2019.
The prosecutors also recommended that Mr Woodberry, known for flaunting his flamboyant lifestyle on social media, forfeit items in the Dubai police custody, such as one Rolls Royce, Lamborghini Urus, Mercedes-Benz G-Class AMG G55, four Rolex watches, one Patek Philippe watch, and three Audemars Piguet watches.
Also, he is to forfeit three gold and diamond-studded rings, five gold bracelets and two gold bracelet keys, six gold neck chains, one gold and diamond-studded necklace, one small gold nugget, two bank cards, about $1,835 in Emirati dirhams, and approximately $15.45 in South African rands.
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the_real_tobe_official: Them wan set buyer up😂😂😂 Go buy and enter jail 😭😭 Them go just add buyer own join sell all of them 😂😂😂.
iamzeus.7: Na all these kind news una take they destroy the name of Nigeria so, from here now other blogs go carry am then na so blogs outside Nigeria go carry am too then boom he go enter everywhere for the Globe, na una Dey even destroy the country no be govt, na here we dey dem say snake an monkey carry money una no milk the story because he no dey relevant to una, but once na scam an anything relating cyber crime una go milk the story till the whole world hear Nigeria name again.
heardafah: Hey, I know this comment might be ignored but please , spare few minutes of your time and check my music it’s fire 🔥.
hott_galz: These guys will come out of jail extremely poor 😏😏😏.
drake_moneyy: E get one level wey you go do fraud you go Dey satisfied and retire nah greediness Dey kill most of this yahoo boys if you don chop big money just retired and find one business do but the fraud dey sweet una Dey go …una no Dey get common sense ?
bcoin_marshal: Theirs no big deal here, Legit business men are there to buy 💯.
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