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U.S. Court Orders Asset Forfeiture In $4.2M COVID-19 Relief Fraud Case Involving Nigerian

Summary by reportnaija.ng
Joseph Oloyede, a Nigerian monarch holding dual U.S. citizenship, has been mandated to relinquish millions in monetary funds and real estate following his conviction in a $4.2 million COVID-19 relief fraud case. This legal outcome follows Oloyede’s admission of guilt.Oloyede, who holds the title of Apetu of Ipetumodu in Osun State, Nigeria, entered a guilty plea on April 24 to 13 counts of fraud. While awaiting his sentence, the U.S. government …
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reportnaija.ng broke the news in on Saturday, May 17, 2025.
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