• Latest
  • Trending
  • All
Osun Monarch admits to Covid-19 Fraud in USA

Osun Monarch admits to Covid-19 Fraud in USA

2025 UTME Results to be Released Today – JAMB

2025 UTME Results to be Released Today – JAMB

FG declares free C-Section for Nigerian Women

Drama as 18-Year-old Apprentice impregnates Master’s Daughter, 9 Others in Anambra

JUST IN: VeryDarkMan released from EFCC custody

JUST IN: VeryDarkMan released from EFCC custody

Nigeria Pays Back all N2.59trn IMF Debt

Nigeria Pays Back all N2.59trn IMF Debt

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC

VeryDarkMan’s lawyer expresses frustration over Bail Difficulties

Nnamdi Kanu’s Sister-in-law barred from Court for Livestreaming Proceeding

Nnamdi Kanu’s Sister-in-law barred from Court for Livestreaming Proceeding

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC

EFCC releases VeryDarkMan on Bail

EFCC reacts to BBC Pidgin report on VeryDarkBlackMan’s arrest

EFCC reacts to BBC Pidgin report on VeryDarkBlackMan’s arrest

Catholic Bishops Reply Trump Over AI-Generated Pope Image

Catholic Bishops Reply Trump Over AI-Generated Pope Image

FCCPC Replies  Meta’s threat to Quit Nigeria over ₦220 Million Fine

FCCPC Replies Meta’s threat to Quit Nigeria over ₦220 Million Fine

NNPC reduces NMDPRA fee Per-Litre petrol in New Pricing Template

$3bn Refinery Fraud: N80bn found in sacked MD’s Bank Accounts

Kwara Law Students’ Association Accuses Unrecognized Actors of Sabotaging Scholarship Process”

Kwara Law Students’ Association Accuses Unrecognized Actors of Sabotaging Scholarship Process”

  • About Us
  • Advertise with Us
  • Editorial Policy
Friday, May 9, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus
Home Breaking News

Osun Monarch admits to Covid-19 Fraud in USA

by Aishat Ashim
April 27, 2025
A A
Osun Monarch admits to Covid-19 Fraud in USA
FacebookTwitterWhatsapp

Oba Joseph Olugbenga Oloyede, the Apetu of Ipetumodu in Osun State, and Nigerian pastor Edward Oluwasanmi are facing potential prison sentences in the United States after pleading guilty to charges of COVID-19 relief fraud.

Installed as the traditional ruler in July 2019, Oba Oloyede, a U.S.-trained accountant and information systems expert, has seen his reign overshadowed by controversy. In early 2024, he was arrested alongside Oluwasanmi for allegedly participating in a scheme that fraudulently obtained $4.2 million in pandemic relief funds.

The two men were indicted on 13 counts, including conspiracy to commit wire fraud, wire fraud, conspiracy to defraud the United States, money laundering, and engaging in monetary transactions involving criminally derived property. They appeared before Justice Christopher Boyko in the U.S. District Court for the Northern District of Ohio.

RelatedPosts

US restores Visas for Foreign Students

Reports have previously highlighted Oba Oloyede’s mysterious absence from vital traditional ceremonies in Ipetumodu, raising concerns among residents. It was later disclosed that he was in custody of U.S. authorities.

Court documents reveal that between April 2020 and February 2022, Oloyede and Oluwasanmi submitted fraudulent applications for the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) under the U.S. Coronavirus Aid, Relief, and Economic Security (CARES) Act. They allegedly used falsified tax documents and payroll records to access funds intended for struggling businesses during the pandemic.

Prior to his ascension to the throne, Oba Oloyede operated several businesses in Medina, Ohio, including Available Tax Services Inc., Available Financial Corp., and Available Transportation Company, through which prosecutors assert he orchestrated parts of the fraudulent scheme. Oluwasanmi, on the other hand, allegedly misused his companies—Dayspring Transportation Ltd., Dayspring Holding Inc., and Dayspring Property Inc.—to illegally acquire and misappropriate millions of dollars.

Investigators have stated that the duo fraudulently obtained $3.76 million, diverting portions of the funds for personal expenses and real estate investments.

Following a year-long legal battle, Oluwasanmi, represented by attorney Henry Hilow, pleaded guilty on April 10, 2025, to three counts of the indictment. His plea detailed the misuse of fraud proceeds to purchase commercial property in South Euclid, Ohio, and to fund company accounts. Sentencing is set for July 2, 2025.

On April 21, 2025, Oba Oloyede also entered a guilty plea, with proceedings scheduled for formalization on April 24.

The monarch’s prolonged absence from Ipetumodu, coupled with his controversial demolition of the town’s historic palace—a project he promised to rebuild—has incited outrage among community leaders and residents. Many are now urging the Osun State Government to initiate an investigation and take appropriate action.

As the traditional ruler awaits sentencing, the future leadership of Ipetumodu remains uncertain.

Tags: Apetu of ipetumoduCOVID 19FraudOdun monarchPastorU.S
Previous Post

Boko Haram, ISWAP getting international support – Zulum Sounds Alarm

Next Post

US restores Visas for Foreign Students

Aishat Ashim

Aishat Ashim

Related Posts

2025 UTME Results to be Released Today – JAMB
Breaking News

2025 UTME Results to be Released Today – JAMB

FG declares free C-Section for Nigerian Women
Breaking News

Drama as 18-Year-old Apprentice impregnates Master’s Daughter, 9 Others in Anambra

JUST IN: VeryDarkMan released from EFCC custody
Breaking News

JUST IN: VeryDarkMan released from EFCC custody

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC
Breaking News

VeryDarkMan’s lawyer expresses frustration over Bail Difficulties

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC
Breaking News

EFCC releases VeryDarkMan on Bail

EFCC reacts to BBC Pidgin report on VeryDarkBlackMan’s arrest
Breaking News

EFCC reacts to BBC Pidgin report on VeryDarkBlackMan’s arrest

Kwara Law Students’ Association Accuses Unrecognized Actors of Sabotaging Scholarship Process”
Breaking News

Kwara Law Students’ Association Accuses Unrecognized Actors of Sabotaging Scholarship Process”

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC
Breaking News

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC

Fubara pays Wike a visit, asks for Forgiveness
Breaking News

Fubara pays Wike a visit, asks for Forgiveness

JUST IN: Socialite Achimugu arrested by EFCC at Abuja Airport
Breaking News

JUST IN: EFCC to release Aisha Achimugu within 24 hours – Court

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In