#Hushpuppi faces 20 years in prison as the US Federal Prosecutors officially charge for fraud | Oby Oriji Blog
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#Hushpuppi faces 20 years in #prison as the US Federal #Prosecutors officially charge him for #fraud

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Ramon Olorunwa Abbas a.k.a. “Ray Hushpuppi” now faces a statutory maximum sentence of 20 years in a US federal prison after being extradited from Dubai to the United States. . . In a statement released by the US Department of Justice, the suspected Nigerian fraudster was accused of conspiring to launder hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an English Premier League soccer club. . . Hushpuppi made his initial U.S. court appearance this morning in Chicago, and he is expected to be transferred to Los Angeles in coming weeks. . . Federal prosecutors who filed a criminal complaint filed on June 25, alleged that the suspected Nigerian fraudster is "one of the leaders of a transnational network that facilitates computer intrusions, fraudulent schemes (including BEC schemes), and money laundering, targeting victims around the world in schemes designed to steal hundreds of millions of dollars". . . It was also alleged that Hushpuppi finances his opulent lifestyle of designer clothes, wearing expensive watches, posing in or with luxury cars and charter jets through crime. . .Hushpuppi and his suspected co-conspirators were accused of spearheading a BEC scheme that defrauded a client of a New York-based law firm out of approximately $922,857 in October 2019. Abbas and co-conspirators allegedly tricked one of the law firm’s paralegals into wiring money intended for the client’s real estate refinancing to a bank account that was controlled by them. . . .He was also accused of conspiring to launder funds stolen in a $14.7 million cyber-heist from a foreign financial institution in February 2019, in which the stolen money was sent to bank accounts around the world. Abbas allegedly provided a co-conspirator with two bank accounts in Europe which he expected to receive €5 million (about $5.6 million) in each. . . Read more on www.lindaikejisblog.com

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Hushpuppi appears in U.S. court. Premier League club escapes being scammed of £100m by him . . Ramon Olorunwa Abbas, 37, a.k.a. “Hushpuppi arrived in Chicago Thursday evening to face criminal charges alleging he conspired to launder hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an English Premier League soccer club. . . He made his initial U.S. court appearance this morning in Chicago, and he is expected to be transferred to Los Angeles in the coming weeks. . . “The FBI’s investigation has revealed that Abbas finances this opulent lifestyle through crime, and that he is one of the leaders of a transnational network that facilitates computer intrusions, fraudulent schemes (including BEC schemes), and money laundering, targeting victims around the world in schemes designed to steal hundreds of millions of dollars,” according to the affidavit. . . The affidavit alleges that Abbas and others committed a BEC scheme that defrauded a client of a New York-based law firm out of approximately $922,857 in October 2019. . . Abbas and co-conspirators allegedly tricked one of the law firm’s paralegals into wiring money intended for the client’s real estate refinancing to a bank account that was controlled by Abbas and the co-conspirators. . . The affidavit also alleges that Abbas conspired to launder funds stolen in a $14.7 million cyber-heist from a foreign financial institution in February 2019, in which the stolen money was sent to bank accounts around the world. . . Abbas allegedly provided a co-conspirator with two bank accounts in Europe that Abbas anticipated each would receive €5 million of the fraudulently obtained funds. . . Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million from an English Premier League soccer club, the complaint alleges.

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United States authorities Friday said an English Premier League club was among the victims' Nigerian fraudster Ramon Olorunwa Abbas, also known as Hushpuppi, conspired to defraud.⁣ ⁣ US Department of Justice said Hushpuppi will face criminal charges, alleging he conspired to launder hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an unnamed English Premier League soccer club.⁣ ⁣ “Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million (approximately $124 million) from an English Premier League soccer club, the complaint alleges,” the Department of Justice said in a statement on Friday.⁣ ⁣ Abbas, popularly known as Huspuppi was arrested earlier in June along with Olalekan Jacob Ponle, also known as Woodberry and 10 others.⁣ ⁣ The 12 suspects were arrested in six simultaneous raids carried out by the e-police unit of the Dubai Police.⁣ ⁣ The gang was responsible for Dh1.6 billion (about N169 billion) fraud involving over 1.9 million victims. Items worth N15.845 billion (Dh 150 million) were also seized.⁣ ⁣ 13 luxury cars worth N2. 640 billion (Dh 25 million), 21 laptops, 47 smartphones, 15 memory storage devices, 5 external hard drives, and 800, 000 emails of potential victims were also recovered from the gang.⁣ ⁣ Their arrest in an operation codenamed Fox Hunt 2 came after about four months of painstaking investigations into their activities., during which their social media activities were monitored by the highly trained police unit.⁣ ⁣ For the full details of the criminal complaint filed against Hushpuppi by the FBI, click the link in our bio.⁣ ⁣ #Hushpuppi #PremierLeague #Fraud #SoccerClub #Fraudster #DubaiPolice #FoxHunt2 #SocialMedia #Police #Woodbery #Nigerians #UnitedStates #TheGuardianNg

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