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.