Missing Osun King Found In FBI Custody Over $4.2m Fraud

U.S. Court Grants $20,000 Bail to Oba of Ipetumodu Accused of COVID-19 Relief Fraud — Akelicious

A U.S. federal judge, Christopher Boyko from the Northern District of Ohio, has allowed the Apetu of Ipetumodu, Oba Joseph Olugbenga Oloyede, to be released on a $20,000 bail following his arrest for defr@uding the U.S. government of $4.2 million in COVID-19 relief funds. Judge Boyko mandated the confiscation of both Mr. Oloyede’s U.S. and Nigerian passports while he awaits trial, which could extend over several months. In Ipetumodu, Osun State,…

Top Nigerian Monarch Arrested by FBI Over $4.2 Million COVID-19 Fraud

A Nigerian traditional ruler, Oba Joseph Oloyede, the Apetu of Ipetumodu in the Southwest region, has been found in FBI custody months after being declared missing in March 2024. He is facing serious allegations of defrauding the U.S. government of $4.2 million in COVID-19 relief funds. Oloyede, also a U.S. citizen, is currently battling a 13-count fraud indictment in the U.S. District Court for the Northern District of Ohio. Court documents rev…

‘Missing’ Osun monarch in FBI custody over ‘$4.2m COVID-19 fraud’

Joseph Oloyede, the Apetu of Ipetumodu in Osun state, has been taken into custody by the United States Federal Bureau of Investigation (FBI) after being indicted for conspiracy, wire fraud, and money laundering.   Oloyede was crowned as the monarch of Ipetumodu in 2019 but frequently travelled between Nigeria and the US for “royal and personal engagements”.   Indigenes began raising concerns after his throne was vacant for nearly a year.   He ha…

FBI Arrests Missing Osun Monarch in $4.2M COVID-19 Relief Fraud Scheme - Newsmakers

Segun Atanda/ The Apetu of Ipetumodu, Oba Joseph Oloyede, has been taken into custody by the Federal Bureau of Investigation (FBI) in connection with a $4.2 million COVID-19 fraud scheme. The monarch, who had been reported missing from his palace in Osun State, Nigeria, was apprehended in the United States following an extensive investigation into […] The post FBI Arrests Missing Osun Monarch in $4.2M COVID-19 Relief Fraud Scheme appeared first …

Missing Osun King Found In FBI Custody Over $4.2m Fraud

ShareThe missing Osun monarch, Apetu of Ipetumodu, Oba Joseph Oloyede has been reportedly found in the custody of the Federal Bureau of Investigation (FBI). New Telegraph gathered that Oba Oloyede has been indicted for conspiracy, wire fraud, and money laundering by FBI operatives. Recall that Oloyede was installed as the monarch of Ipetumodu in 2019... The post Missing Osun King In FBI Custody Over $4.2m Fraud appeared first on New Telegraph.

Osun Monarch, Joseph Oloyede Arrested By FBI Over Alleged $4.2m COVID-19 Fraud

The Apetu of Ipetumodu in Osun State, Joseph Oloyede has been arrested by the United States Federal Bureau of Investigation (FBI) after being charged with conspiracy, wire fraud, and money laundering. Joseph Oloyede, who became the king in 2019, regularly traveled between Nigeria and the U.S. for royal duties and personal matters. However, his long […]