NEWS: Hushpuppi will serve 11 years in prison and must pay $1.7 million to two fraud victims.

NEWS: Hushpuppi will serve 11 years in prison and must pay $1.7 million to two fraud victims.

Hushpuppi, a socialite, was arrested in 2020 on suspicion of defrauding 35 million dollars. On Monday, November 7, 2022, Ramon Abbas, also known as Hushpuppi, was found guilty of his fraud charges and given an 11 year prison term in the United States. US District Judge Otis D. Wright ordered the defendant to pay $1,732,841 in damages to two fraud victims after at least four postponements. Judge Wright II claimed that Hushpuppi intended to boast about his lavish, crime-funded lifestyle while using online scams to launder tens of millions of dollars. The Judge stated, We will continue to work with our law enforcement and international allies to find and prosecute individuals involved, wherever they may be. Money laundering and business email compromise frauds are big international crime problems. Recall, In 2020, Hushpuppi was taken into custody on many counts of cybercrime. According to court records provided by the US Department of Justice (DoJ), Hushpuppi entered a guilty plea in April 2021 to accusations of multi million dollar fraud brought by the US government. Ten months after his arrest in Dubai, United Arab Emirates (UAE), in June 2020, Abbas entered a guilty plea to one count of conspiracy to commit money laundering in April 2021. In October 2022, Ramon verified Instagram page was deactivated by Meta.

Category  Government News
News Source   https://www.pulse.ng/entertainment/celebrities/breaking
Date Posted   1 year ago