Wednesday, July 15, 2026

Multimillion-dollar Fraud: Mr Woodberry’s U.S. hearing holds March

The jury’s eight-count charge of wire fraud still holds, meaning Mr Ponle stands to forfeit, to the U.S. government, any property derived from proceeds in his offences.

• January 27, 2022
Hushpuppi and Woodberry
Hushpuppi and Woodberry

A new date has been set for the multimillion-dollar fraud case involving Olalekan Ponle, aka Mr Woodberry.

This is contained in court documents from the Northern District of Illinois.  

“This docket entry was made by the Clerk on Tuesday, January 25, 2022: MINUTE entry before the Honourable Robert W. Gettleman as to Olalekan Jacob Ponle: At the parties’ request, telephonic status hearing set for 1/26/2022 is stricken and reset to 3/4/2022 at 9:30 a.m,” the court document said.

Mr Ponle was arraigned on a separate charge in Chicago last July. He was arrested in Dubai alongside Hushpuppi and charged in a U.S. District Court in Chicago with conspiracy to commit wire fraud.

In July, the U.S. government had applied for a motion of dismissal without prejudice granted by Mr Gettleman.

A complaint had accused Mr Ponle of orchestrating “business email compromise” schemes to defraud several U.S.-based companies.

The court documents said “the schemes resulted in attempted or actual losses to victim companies in the tens of millions of dollars, including a Chicago-based company that was defrauded into sending wire transfers totalling $15.2 million.”

The jury’s eight-count charge of wire fraud still holds, meaning Mr Ponle stands to forfeit, to the U.S. government, any property derived from proceeds in his offences.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Eastland Electricity Distribution Limited

States

EEDL warns customers against illegal electricity connections

The head of communications said every customer had the right to be connected to electricity through a transparent and approved process.

Imo State

States

Imo hoteliers inaugurate new interim management committee

Mr Chukwunyere congratulated the committee and urged them to abide by the rule of law in the discharge of their functions.

NCS, NABTEB and ITF logos

NationWide

FG ratifies NCS, NABTEB, ITF’s mandates to drive industrialisation

Mr Enoh said the federal government was making concerted efforts to achieve industrialisation.

LEGISLATIVE GAVEL

States

Court sentences cannabis dealer to 10-month jail term

The Federal High Court, Ibadan, Oyo State, on Wednesday, sentenced one Kudus Adewale, 28, to 10 months in the correctional centre for dealing in 250g of cannabis sativa

Jide Kosoko and Bola Tinubu. Jide Kosoko and Bola Tinubu.

NationWide

Tinubu not perfect; Nigerians should give him more time before judging his policies, reforms: Jide Kosoko

“If you are building a house, you cannot assess such a building and give it a pass mark until the building is completed, ” Mr Kosoko said.

National Orientation Agency

States

NOA seeks collaboration with Edo broadcasting service on public orientation

Mr Ani commended the agency for its vital role in educating Nigerians on government policies and programmes.