The United States Federal Bureau of Investigation, FBI has added a Nigerian, Mr. Tobechukwu Enyinna Onwuhara, 30, to its list of ‘Most Wanted Fugitives.’

According to a report on America’s Most Wanted, the Bureau said ‘Tobechi Onwuhara is a criminal mastermind’ who in less than three years stole $44 million dollars from banks in the United States using sophisticated methods including stealing bank customer’s personal information, Home Equity Lines of Credit details and account numbers.

FBI agents say Onwuhara was born in Houston and sent to live with his wealthy Nigerian father, Prince Doris Onwuhara who the Bureau say is a ‘well-known con man who made a fortune from the notorious Nigerian 419 scheme’ before returning to the United States when he reached his teenage years in 1999.

Having settled in the southern state of Texas, he got a job with US lender, Capital One Financial Corporation where authorities believe he gained insider knowledge on how to work the US financial system.

His first brush with the law happened in April 2002 when he was arrested by Lewisville city police in Lewisville, Texas after police got a tipoff that he may be using stolen identification to steal money from credit card accounts. When police raided his apartment, they found stolen credit card account numbers, fake driver’s licenses and materials used to forge identification.

Same year in December in the western state of Seattle, FBI said ‘Onwuhara walked into a local bank and tried to max out the cash withdrawal limit on a stolen credit card’ but fled the bank when he sensed trouble. He was said to have jumped into a waiting car driven by a friend of his, Abel Nnabue and they led Seattle police on a high-speed chase but were eventually caught when they tried to flee on foot.

Both men were charged, convicted and sentenced to two years in a Seattle prison but spent only eight months of their sentence for good behaviour.

After their release, they relocated to Texas and went low for a while until sometime in 2005 when the real estate market was at an all time high and Home Equity Lines Of Credit loans became available. Though it was harder to steal from Home Equity Lines of Credit, Onwuhara and his co-conspirators found a way around it.

FBI say Onwuhara painstakingly researched home owners credit reports to see if they opened home lines of credit accounts and how much they had available. At this time in the real estate market, it was very common to find homeowners with $300, 000 - $ 400, 000 in home equity.

Onwuhara impersonated such homeowners after learning their passwords and home phone numbers through extensive research.

The Nigerian acquired multiple prepaid phone lines and wireless internet cards to prevent anyone from successfully tracing their numbers. He then also signed up to a spoofing service which allowed a home owner’s number appear on the bank representative’s caller ID when he called a bank to request a wire transfer from the account to a home owner’s regular checking account before the funds are eventually wired to accounts in Asia and then the monies would go to a Hawala in Africa.

‘Hawalas’ are funds transfer systems that are not regulated instead, they operate on trust. ‘Brokers or Hawalanders would take a cut and then transfer the money to an African Bank, eventually returning to a US bank,’ according to America’s Most Wanted.

Most of the funds returning to the United States came through accounts belonging to Precious Matthews or one of the other conspirators.

Investigators say Onwuhara made most of the calls himself but when an account belonged to a female, he would get his girlfriend, Precious Matthews to make the call while other co-conspirators would be delegated other duties including finding new home owners with equity in their homes.

According to FBI records, Onwuhara and his crew had stolen more than $20 million dollars before the bureau were notified of the scam and by the time the FBI penetrated their well-organized syndicate and learned their identity, they had stolen an additional $20 million dollars.

To learn their identity, the FBI contacted Verizon Wireless, a prepaid wireless company after it learned they were using prepaid internet services provided by the company to log into bank accounts and were able to obtain surveillance videos of three men paying for the service at one of the provider’s stores.

In the spring of 2008, the FBI got a break when they also found out that Onwuhara was using a spoofing service and they contacted the provider who made more than 1500 audio recordings available to them. As expected, most of the recordings were conversations between Onwuhara and various bank representatives, but unfortunately for Onwuhara someone from his crew had also used the phone to call a pharmacy pretending to be a doctor and ordered a prescription for Tobechi Onwuhara. This was a huge lead for the FBI. When they ran Onwuhara’s name, there was a match in their database where they found out he had been arrested before for bank fraud.

When they matched his photo with the surveillance videos obtained from the telecommunications company, they believed they had their man.

Gradually, they started their investigations and tried to learn the identity of his co-conspirators. This was when they discovered that Onwuhara had left Miami for Nigeria with a brief stopover in New York.

The FBI waited for Onwuhara and his travelling companions to return to the country and decided to stop him at the airport after he had rerouted his ticket several times.

The Bureau said they wanted him to believe he was being questioned as a possible terrorist and he fell for it by giving them information that eventually linked him to the fraud.

Before August 1, 2008, FBI agents already knew Onwuhara and his girlfriend, Matthews lived in their $5000 a month mansion near Miami in Florida. As they were making their way to a Florida casino with their crew on that day, agents and local police decided they had enough evidence to take them in. While they were effecting their arrest, agents realized that Onwuhara had entered the casino and believed Matthews sent a text message to him that they were being arrested and he managed to get away.

Authorities say they have not been able to track him down since.

FBI said before they took the gang down, Onwuhara would spend about $50, 000 a night in a strip club up to three times in a week and usually stayed at various five star hotels whenever he made his frequent travels.

Onwuhara according to the Bureau has stashed cash abroad and also shipped many luxury cars to Nigeria- all paid for in cash.

They believe he is hiding in either Canada; Miami, Florida; Atlanta, Georgia; or New Jersey.

His co-conspirators have been sentenced to various jail terms:

Henry ‘Uche’ Obilo, 30, Miami: Sentenced to 88 months in prison.

Abel Nnabule, 34, Dallas: Sentenced to 54 months on Jan. 30, 2009.

Precious Matthews (Onwuhara’s girlfriend): Sentenced to 51 months on Feb. 13, 2009.

Brandy Anderson, 31, Dallas, Sentenced to two years of supervised probation and 40 days of community confinement on Feb. 20, 2009..

Ezenwa Onyedebelu, 21, Dallas, Sentenced to 37 months on Feb. 27, 2009.

Daniel Orjinta, 43, Nigeria: Sentenced to 42 months on March 06, 2009.

Paula Gipson, 34, Dallas, Sentenced to 15 months on September 04, 2009.

Aliases: "T", "Tobe", Xavier, Enyinna DESCRIPTION Date of Birth Used: July 24, 1979 Hair: Black Place of Birth: Nigeria Eyes: Brown Height: 5'10" Sex: Male Weight: 185 pounds Race: Black NCIC: W054871136 Nationality: Nigerian Occupation: Onwuhara reportedly is the Chief Executive Officer of a record label S.W.A.T. Up Entertainment, and has owned a record studio for artists to record tracks. Scars and Marks: Unknown Remarks: Onwuhara may have travelled to Dallas, Texas; Miami, Florida; New York or Canada. He frequents strip clubs and enjoys gambling at casinos. He has access to fake driver's licenses and passports and millions of dollars in overseas accounts. CAUTION Tobechi Enyinna Onwuhara, a convicted felon, is wanted for his alleged involvement in an elaborate scheme that defrauded the financial industry out of tens of millions of dollars. Onwuhara is a key member of a group of Nigerians who allegedly have been conducting fraudulent banking activities from Florida and Texas, since 2005. It is alleged that the group has been using online Internet databases to steal victims' identities. Once acquired, they allegedly use the victims' information to gain access to the victims' Home Equity Line of Credit accounts and wire transfer the money to accounts mainly located overseas, some in the United States. Some of Onwuhara's alleged co-conspirators have been arrested, inside and outside of the United States, however, Onwuhara remains at large. Onwuhara was charged federally with conspiracy to commit bank fraud, and a federal warrant was issued for his arrest by the United States District Court, Eastern District of Virginia, on August 1, 2008. SHOULD BE CONSIDERED AN ESCAPE RISK IF YOU HAVE ANY INFORMATION CONCERNING THIS CASE, PLEASE CONTACT YOUR LOCAL FBI OFFICE OR THE NEAREST AMERICAN EMBASSY OR CONSULATE.

ROBERT S. MUELLER, III DIRECTOR FEDERAL BUREAU OF INVESTIGATION UNITED STATES DEPARTMENT OF JUSTICE WASHINGTON, D.C. 20535 TELEPHONE: (202) 324-3000

Residents of Ibadan, the Oyo State capital, have bemoaned the state government’s decision to enforce the law banning the commercial use of motorcycle (popularly called ‘okada’) along state and federal roads across the state.

The law, recently passed by the state House of Assembly, took effect last Monday. It prescribes two months jail term or N10,000 fine for first offenders - and four months jail term for second offenders.

The state government, which sent the bill to the House, said it wanted to use it to curb evils associated with the use of commercial motorcycles in the state.

There had been cases of robbery and other crimes reportedly perpetrated by men riding ‘okada’ in the state. The Federal Road Safety Commission (FRSC) had also warned that most of the road accidents recorded in the country was caused by motorcyclists’ recklessness on the road.

As at yesterday, scores of motorcyclists were arrested and convicted by a special mobile court detailed by the state government for the enforcement of the law.

Though the state promised to try and find alternative jobs for the motorcyclists before enforcing the law, residents believed it had not done enough.

The ‘okada’ labour was a means of livelihood to quite a munber of men. Many artisans forced out of job by epileptic power supply in the country found solace in ‘okada’.

Saheed Folaranmi, secretary of the Okada Riders’ Union, the Amalgamated Commercial Motorcycle Owners and Riders Association of Nigeria (ACOMORAN) in Oyo State, said the ban does not go down well with his association.

Mr. Folaranmi said the government should have consulted his group on ways to resolve the issues associated with the business.

“Which one do we know as the state and federal government roads in the town? The state government has only used its power against us. They should know we have dependants too and we have helped in reducing the effect of unemployment foisted on us in the country. Soon, we will make our views known on the issue in a non-violent way,” he declared.

Mr. Folaranmi, who insisted that the ban will not solve the crimes the government is associating with ‘okada’, said the ACOMORAN had forwarded a letter to the state House of Assembly on the need to involve the association in its treatment of the bill.

Unfulfilled expectations

What may have represented the government’s efforts in cushioning the effect of the ban was the 500 cabs it sold to some residents of Ibadan recently on installment. But, besides the widespread complaints of exploitation by the supposed beneficiaries, the number of supplied vehicles is deemed too few to serve a city like Ibadan. Some of the new cab owners said they could not ply the city’s outlying districts where demand for the motorcyclists is high.

Checks by NEXT in the ancient city on Tuesday suggested that the ban does not enjoy the kind of popularity the government expects.

Some residents of Ibadan are of the view that the government could have found better ways of addressing the problems purportedly necessitating the ban first, before the hammer.

Aina Badejo, a school teacher, said the ban on commercial motorcyclists will even impact on the school system. The easiest means of transport for a lot of people, including teachers, is ‘okada’,” he said. “Some teachers also ride these after school hours to make ends meet. The ban cannot work.”

Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery.

For the third time in three years, the world has a new richest man.

Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil (AMX), Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World's Billionaires.

More at Forbes.com: The World's Billionaires

Cost of Living Large

Women Billionaires

Slim's fortune has swelled to an estimated $53.5 billion, up $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year.

That massive hoard of scratch puts him ahead of Microsoft (MSFT) cofounder Bill Gates, who had held the title of world's richest 14 of the past 15 years.

Gates, now worth $53 billion, is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months. Gates' holdings in his personal investment vehicle Cascade (CAE) also soared with the rest of the markets.

Buffett's fortune jumped $10 billion to $47 billion on rising shares of Berkshire Hathaway (BRK). He ranks third.

The Oracle of Omaha shrewdly invested $5 billion in Goldman Sachs (GS) and $3 billion in General Electric (GE) amid the 2008 market collapse. He also recently acquired railroad giant Burlington Northern Santa Fe (BNI) for $26 billion.

In his annual shareholder letter Buffett wrote, "We've put a lot of money to work during the chaos of the last two years. When it's raining gold, reach for a bucket, not a thimble."

Many plutocrats did just that. Indeed, last year's wealth wasteland has become a billionaire bonanza. Most of the richest people on the planet have seen their fortunes soar in the past year.

This year the World's Billionaires have an average net worth of $3.5 billion, up $500 million in 12 months. The world has 1,011 10-figure titans, up from 793 a year ago but still shy of the record 1,125 in 2008. Of those billionaires on last year's list, only 12% saw their fortunes decline.

U.S. billionaires still dominate the ranks — but their grip is slipping. Americans account for 40% of the world's billionaires, down from 45% a year ago.

The U.S. commands 38% of the collective $3.6 trillion net worth of the world's richest, down from 44% a year ago.

Of the 97 new members of the list, only 16% are from the U.S. By contrast, Asia made big gains. The region added 104 moguls and now has just 14 fewer than Europe, thanks to several large public offerings and swelling stock markets.

The new billionaires include American Isaac Perlmutter, who flipped Marvel Entertainment (MVL) to Disney (DIS) for $4 billion last December. The Spider-Man mogul netted nearly $900 million in cash and 20 million shares of Disney in the transaction.

Also new to the ranking: 27 billionaires from China, including Li Shufu, whose automaker, Geely, announced plans to buy Swedish brand Volvo from Ford in December. The deal is expected to close in March 2010.

Finland and Pakistan both welcomed their first billionaires.

For the first time China (including Hong Kong) has the most billionaires outside the U.S. with 89.

Russia has 62 billionaires, 28 of them returnees who had fallen off last year's list amid a meltdown in commodities. Total returnees to the list this year: 164.

Eleven countries have at least double the number of billionaires they had a year ago, including China, India, Turkey and South Korea.

Thirty members of last year's list fell out of the billionaire's club. Moguls who couldn't make the cut: Iceland's Thor Bjorgolfsson, Russia's Boris Berezovsky and Saudi Arabia's Maan Al-Sanea.

Another 13 members of last year's list died. Among the deceased: real estate developer Melvin Simon and glass tycoon William Davidson.

The Top 20 Billionaires in the World

AP Photo

1) Carlos Slim Helu

Net Worth: $53.5 billion

Source: Telecom

Residence: Mexico

• Telecom tycoon who pounced on privatization of Mexico's national telephone company in the 1990s becomes world's richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year.

• Recently received regulatory approval to merge his fixed-line assets into American Movil, Latin America's biggest mobile phone company.

• His construction conglomerate, Impulsora del Desarrollo y el Empleo, builds roads and energy infrastructure..

• Son of a Lebanese immigrant also owns stakes in financial group Inbursa, Bronco Drilling, Independent News & Media, Saks and New York Times Co.

• Newspaper outfit's stock popped in early March on talk he might buy a controlling stake; he denies the rumor.

• Donating $65 million to fund a research project in genomic medicine with American billionaire philanthropist Eli Broad.

AP Photo

2) Bill Gates

Net Worth: $53 billion

Source: Microsoft

Residence: U.S.

• Software visionary is now the world's second-richest man. Net worth still up $13 billion in a year as Microsoft shares rose 50% in 12 months, value of investment vehicle Cascade swelled.

• More than 60% of fortune held outside Microsoft; investments include Four Seasons hotels, Televisa, Auto Nation.

• Stepped down from day-to-day duties at Microsoft in 2008 to focus on philanthropy.

• Bill & Melinda Gates Foundation dedicated to fighting hunger, improving education in America's high schools, developing vaccines against malaria, tuberculosis and AIDS.

Hundreds of Nigerians gathered in the capital Abuja on Wednesday for a march to the presidency to demand the appearance of ailing leader Umaru Yar'Adua, two weeks after he returned from a Saudi hospital.

The 58-year-old leader has not been seen in public since being flown back after three months of treatment in Jeddah for a heart condition. There have been no announcements on his health but presidency sources say he remains in intensive care.

His return while still too frail to govern raised fears that his inner circle of aides, led by his wife Turai, would fight to maintain their influence over Africa's most populous nation and seek to undermine Acting President Goodluck Jonathan.

A power struggle at the top of the OPEC member nation of 140 million people could bring paralysis in government decision-making, threatening an amnesty programme in the oil-producing Niger Delta and stalling momentum on reforms.

Several hundred people, many wearing T-shirts with "Save Nigeria Group" on the front and "Enough is Enough" on the back, gathered near to a city centre hotel under the watch of police officers lining the avenue.

"We want the invisible president to be revoked. We are tired of a president we can't see, who can't govern. We want to see him," Babatunde Ogala, a politician from the commercial capital Lagos, told the gathering crowd.

"If we can't see him we want someone else who is allowed to govern. Why is a cabal controlling our country," he said.

Officials organising the march said they planned to walk to Aso Rock, the presidential villa, and hand a letter of protest to the Secretary to the Government of the Federation, who co-ordinates between the presidency and government ministries.

"Turai, leave Nigeria alone" and "Jonathan get decisive now" were among the banners held up above the crowd.

A police spokesman addressed the protesters, pledging that the security forces were there to protect them and would help them carry their message "in a peaceful manner". He said officers were not carrying tear gas or weapons.

Such political demonstrations are relatively rare in Nigeria, where the vast majority of people get by on $2 a day or less and feel politics is a game played by multi-millionaires whose outcome has little effect on their daily lives.

Similar marches in recent months have passed peacefully.

Should Yar'Adua be formally declared too sick to govern, or resign or die, Jonathan would be sworn in as head of state and complete the unexpired presidential term, which runs to May next year, with a new vice president.

The demonstrators are also demanding electoral reforms to avoid the sort of chaos seen in the 2007 polls which brought Yar'Adua to power, a vote so marred by ballot-stuffing and intimidation that observers said it was not credible.

Reuters