FBI arrests popular Osun state traditional ruler over $4.2 million fraud

 

 FBI agents gather near the finish line of the Boston Marathon in Boston Tuesday, April 16, 2013. The bombs that ripped through the crowd at the Boston Marathon, killing at least three people and wounding more than 170, were fashioned out of pressure cookers and packed with shards of metal, nails and ball bearings to inflict maximum carnage, a person briefed on the investigation said Tuesday. (AP Photo/Winslow Townson)

The Apetu of Ipetumodu in Osun State, Joseph Oloyede, is currently in the custody of the Federal Bureau of Investigation (FBI) following his indictment for conspiracy, wire fraud, and money laundering.

Oloyede, who was installed as the traditional ruler of Ipetumodu in 2019, frequently travelled between Nigeria and the United States for both royal and personal engagements.