Woodberry, who happens to be one of Hushpuppi’s associates has been indicted by a grand jury.
Born Olalekan Ponle, he faces up to 20 years behind bars and this comes after he was arrested by the Dubai police for alleged fraudulent activities.
The report by the Grand Jury on Woodberry reads;
“As obtained by this paper, a report of the special grand jury constituted in 2019, which was submitted to the court on Wednesday, indicted Mr Ponle.
In the American judicial system, the grand jury listens to the prosecutor and witnesses, and then votes in secret on whether they believe that enough evidence exists to charge the person with a crime.
When a person is indicted, he is given a formal notice that it is believed that he committed a crime. The indictment contains the basic information that informs the person of the charges against him.
The jury summed up the allegations against Mr Ponle to an eight-count charge of wire fraud, which violates section 1343 of the United States Codes.
Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretences, representations, or promises, transmits or causes to be transmitted by means of wire, radio, or television communication in interstate or foreign commerce, any writings, signs, signals, pictures, or sounds for the purpose of executing such scheme or artifice, shall be fined under this title or imprisoned not more than 20 years, or both.”
More so, the jury, in its conclusion, stated that, upon conviction, Mr Ponle shall forfeit to the United States of America any property which institutes and is derived from proceeds traceable to the offense provided in Title 18. United States Code, Section 981 (IXC) and Title 28, United States Code, Section 24611).
If any of the property described above, as a result of any act or omission by a defendant: cannot be located upon the exercise of due diligence; has been transferred or sold to, or deposited with, a third party; has been placed beyond the jurisdiction of the Court; has been substantially diminished in value; or has been commingled with other property which cannot be divided without difficulty, the United States of America shall be entitled to forfeiture of substitute property, as provided in Title 21, United States Code, Section 853 (p).”