FBI names Nigerian businessman as person of interest in $41million alleged fraud
The FBI has identified Izunna Okonkwo, the Pastel tech start-up co-founder who made the Forbes 30-under-30 list in 2023, as a person of interest and co-conspirator in an insider trading and money laundering scheme that generated $41 million in illegal profit over five years.
Mr Okonkwo, who took graduate studies at Stanford University, allegedly bought stocks and securities based on material non-public information shared by investment banker Gyunho Justin Kim through his American-Pakistani friend, Saad Shoukat..Full content / Read original.