From the Throne to a Prison Cell: The $4.2 Million Fraud That Brought Down a Nigerian King
He wore a crown in Nigeria and a business suit in Ohio. He was a traditional ruler, a professor, a tax consultant, and — as a federal court in the United States would eventually establish — the architect of one of the most audacious pandemic relief frauds in the country's history. When the crown came off, what was underneath it was four and a half years in an American prison cell. THE MAN WHO HAD EVERYTHING To understand the scale of what Oba Joseph Olugbenga Oloyede lost, you first have to understand what he had. In Nigeria, he was the Apetu of Ipetumodu — the twenty-seventh traditional ruler of a town in Ife North Local Government Area of Osun State, a position he ascended to in November 2019 following a succession process that involved kingmakers, court cases, and the kind of intense community scrutiny that attends the selection of a monarch in a society that takes its traditional institutions seriously. The title was not ceremonial decoration. It carried genuine wei...