Categories: Local News

Hushpuppi’s Ally, Woodberry Sentenced To Prison By U.S Court, To Be Deported

VOICE AIR MEDIA News Update

Jacob Olalekan Ponle popularly known as Mr Woodberry has been to eight years and three months in prison for coordinating a multimillion-dollar fraud.

Mr Woodberry who is a known associate of imprisoned Nigerian fraudster, Hushpuppi, was sentenced on July 11 by Judge Robert Gettleman of the United States District Court for the Northern District of Illinois in Chicago, after being convicted on one count of fraud.

It was also learnt that seven other counts were dismissed following a plea bargain in April. The convict is now expected to surrender to U.S. Marshal Service for onward transfer to the Federal Correctional Institution in Danbury, Connecticut, where his family members, especially his American fiancée, would be allowed to visit him.

Mr Woodberry who will be deported after serving out his prison sentence, will pay seven victims about $8 million in restitution. The court discovered that he has the capacity to make the full payment but waived all interests on the restitution value.

Prosecutors who discovered that he had 152 bitcoins, had sought for the court’s permission to sell it off. A 30-day notice was issued to the public for anyone with interest in the assets to file claims, but no one with legitimate interest turned up at the time of Mr Woodberry’s sentencing.

He is expected to 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.

Mr Woodberry will also 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.

VAM News

Recent Posts

Jubilation as Nigerian Governors propose new minimum wage

THE Nigeria Governors Forum (NGF) has proposed that the national minimum wage in Nigeria be…

2 minutes ago

Okocha honored in World cup history

Super Eagles legend Jay-Jay Okocha holds the record for the most successful dribbles in a…

15 minutes ago

PoS geo-fencing deadline for Nigerians extended

THE Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale…

1 hour ago

Bandits Reject Ransom, Kill kidnapped Local Govt Director, Councillor

Bandits that reportedly abducted the Director of Planning with Talata Mafara Local Government Area of…

18 hours ago

Osun Amotekun Decorates Senior Officers In Major Rank Promotion Exercise

In a significant milestone aimed at strengthening operational efficiency and leadership structure within the Osun…

21 hours ago

OSUN 2026: Why Senator Iyiola Omisore Should Weigh His Options, By Oluwaseyi Adeniyi (ASP)

By Oluwaseyi Adeniyi (ASP) When a Landlord is beginning to tell a Tenant, "Don't you…

1 day ago