Osun Monarch, Apetu of Ipetumodu, Arrested in FBI Net Over $4.2M COVID-19 Fraud

Osun Monarch, Apetu of Ipetumodu, Arrested in FBI Net Over $4.2M COVID-19 Fraud

The Apetu of Ipetumodu, Oba Joseph Oloyede, who went missing in March 2024, has been discovered in the custody of the U.S. Federal Bureau of Investigation (FBI) facing serious allegations of defrauding the U.S. government of $4.2 million in COVID-19 relief funds.

Oba Oloyede, who also holds American citizenship, is currently facing a 13-count fraud indictment in the U.S. District Court for the Northern District of Ohio. 

His disappearance has left the royal seat vacant for almost a year, causing concern among his people, especially as he missed important traditional festivals like the annual Odun Egungun and Odun Edi.