Goes Live on Public Record: U.S. Releases More Updates on Nigerian Osun Monarch’s COVID-19 Fraud Case.

Goes Live on Public Record: U.S. Releases More Updates on Nigerian Osun Monarch’s COVID-19 Fraud Case.

The U.S. Attorney General’s Office has released new information regarding the fraud case involving a Nigerian king, Oba Joseph Oloyede, the Apetu of Ipetumodu.

The king, who is also a U.S.-based accountant and information systems expert, pleaded guilty to charges of COVID-19 relief fraud on April 21, 2025.

He was arrested in early 2024 alongside Nigerian pastor Edward Oluwasanmi.

Together, they fraudulently obtained over $4.2 million in relief funds through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL).

Their fraudulent activities included submitting falsified tax and wage documents to secure funds meant for distressed businesses.

Currently, Oba Oloyede is not in custody and is awaiting sentencing in the U.S. District Court for the Northern District of Ohio in Cleveland.

His guilty plea eliminated the need for a jury trial.

Oluwasanmi, however, is scheduled for sentencing on July 2, 2025.

A copy of the Attorney General’s report is now publicly available.

Yetunde B reports for Yeyetunde’s Blog.

Image / Oba Oloyede / LinkedIn.