Who Is Woodberry In Nigeria

Woodberry is a name that has become quite popular in Nigeria in recent times. He has been in the news for different reasons, and his name has been on the lips of many. Many people have been curious to know who Woodberry is in Nigeria and what he represents. In this article, we will provide you with all the necessary information about Woodberry in Nigeria.

Who Is Woodberry?

Woodberry, whose real name is Olalekan Jacob Ponle, was a popular Nigerian socialite, philanthropist, and businessman. He was born on June 11, 1992, in Lagos, Nigeria. He lived most of his life in Lagos, where he attended high school and obtained a degree in Marketing from the University of Lagos.

Woodberry's Rise to Fame

Woodberry became famous for his luxurious lifestyle, which he flaunted on social media. He was known for his expensive cars, designer clothes, and luxurious vacations. He had a massive following on social media, where he regularly posted pictures and videos of his luxurious lifestyle.

In addition to his luxurious lifestyle, Woodberry was also known for his philanthropic efforts. He was involved in several charity works, and he regularly donated money to less privileged individuals and organizations.

Woodberry's Arrest

In June 2020, Woodberry was arrested by the Dubai Police along with his friend, Ramon Abbas, popularly known as Hushpuppi. They were accused of fraud and money laundering, and they were extradited to the United States to face trial.

Woodberry was charged with conspiracy to commit wire fraud, computer fraud, and money laundering. He was accused of being part of a group that defrauded several US-based companies of millions of dollars.

Woodberry's Trial

Woodberry's trial began in the United States in July 2020. He pleaded not guilty to all the charges against him. The trial was conducted online due to the COVID-19 pandemic. Several witnesses were called to testify against him, including some of his former associates.

In November 2020, Woodberry pleaded guilty to conspiracy to commit wire fraud. He admitted to being part of a group that defrauded several US-based companies of millions of dollars. He also agreed to forfeit some of his assets, including his cars, watches, and designer clothes.

Woodberry's Sentencing

Woodberry's sentencing was scheduled for March 2021, but it was postponed to May 2021. He faced up to 20 years in prison, a fine of $250,000, and restitution to the victims of the fraud. However, in May 2021, Woodberry was sentenced to 10 years in prison and ordered to pay restitution of $1.7 million.

Woodberry's Impact on Nigerian Society

Woodberry's arrest and trial have sparked several debates in Nigerian society. Some people believe that he was unjustly accused and that he is a victim of a corrupt system. Others believe that he got what he deserved for engaging in fraudulent activities.

Woodberry's case has also highlighted the issue of cybercrime in Nigeria. Many Nigerian youths have turned to cybercrime as a means of making a living due to the high rate of unemployment in the country.

Conclusion

In conclusion, Woodberry was a popular Nigerian socialite, philanthropist, and businessman who became famous for his luxurious lifestyle. He was arrested in June 2020 and extradited to the United States to face trial for fraud and money laundering. He pleaded guilty in November 2020 and was sentenced to 10 years in prison in May 2021. Woodberry's case has sparked several debates in Nigerian society and has highlighted the issue of cybercrime in the country.