Hush puppi4/9/2023 "While much of this intended loss did not ultimately materialize, willingness and ability to participate in large-scale money laundering highlights the seriousness of his criminal conduct.” "By his own admission, during just an 18-month period defendant conspired to launder over $300 million,” prosecutors wrote in a sentencing memorandum. The funds were then funneled through banks in Romania and Bulgaria, prosecutors said.Ībbas pleaded guilty to money laundering in 2021 and admitted to trying to steal more than $15 million from a person looking to fund a new school in Qatar.Īccording to court documents Abbas played a "key role" in the plan, taking on "the roles of bank officials and creating a bogus website." In 2019, Abbas helped launder around $14.7 million stolen by North Korean hackers from a bank in Malta. The Nigerian national along with convicted money launderer, Ghaleb Alaumary from Canada, conspired to launder the proceeds from various crimes, according to the Justice Department statement. Life in the fast lane would catch up with Abbas when he was arrested in Dubai two years ago.Ībbas was considered "one of the most prolific money launderers in the world," according to Don Always, assistant director of the FBI's Los Angeles Field Office. "Abbas bragged on social media about his lavish lifestyle - a lifestyle funded by his involvement in transnational fraud and money laundering conspiracies targeting victims around the world,” said United States Attorney Martin Estrada. Kitts,” according to official documents.A Nigerian social media influencer called Ramon Abbas - but known better as "Ray Hushpuppi" - was on Monday sentenced in the US to over 11 years in jail.Ībbas allegedly laundered millions of dollars of stolen money, netted in various cyber crime activities including online scams and cyberheists. Christopher and Nevis citizenship, as well as a passport for Abbas obtained by creating a false marriage certificate and then bribing a government official in St. They succeeded in defrauding the businessman of $1.1m and part of the stolen money was used to “purchase a Richard Mille RM11-03 watch, which was hand delivered to Abbas in Dubai and subsequently appeared in Hushpuppi’s social media posts,” prosecutors said.Ībbas also used part of the proceeds to allegedly acquire “St. They also “bribed a foreign official to keep the elaborate pretense going after the victim was tipped off,” said Acting United States Attorney Tracy L. He was arrested alongside another Nigerian man Olalekan Jacob Ponle aka “Woodberry” in a joint operation with United States agents known as “Foxhunt 2,” Dubai police said.Ībbas was handed over to FBI agents, and was later transferred to Los Angeles to face trial on charges of money laundering through cybercrime schemes.Īccording to court documents, Abbas along with other defendants, faked the financing of a school by posing as bank officials and creating a fake website to convince a Qatari businessman to part with his money. Nearly $41 million in cash, 13 luxury cars valued at around $6.8 million, and phone and computer evidence containing more than 100,000 fraud files and the addresses of nearly two million possible victims were found during the raid, according to Dubai Police. Instagram star flaunted lavish lifestyle but was actually conspiring to launder hundreds of millions of dollars, US prosecutors sayĪbbas was arrested in the United Arab Emirates in June last year after local police raided his Dubai apartment.
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