Friday, 3 July 2020

Hushpuppi faces 20 years in U.S Prison

Popular Social Media Celebrity, Ramon Olorunwa Abbas, Known as Hushpuppi, faces a maximum sentence of 20 years in a U.S Federal Prison.

Hushpuppi, along side his friend Woodberry, were extradited to the United States from Dubai. Hushpuppi made his initial U.S court appearance today , Wednesday, July 3, 2020. He was accused of conspiring to launder Hundreds of Million of dollars from cyber crime schemes. The FBI special agents obtained custody of of Hushpuppi and he was extradited to the U.S.
it was also said that Hushpuppi’s Social media lavish lifestyle was finance through crime, and that he’s One of the leaders of a transnational network that facilitated computer instructions, fraudulent schemes( including BEC schemes ) and money laundering.

According to the statement released by the U.S Attorney;
BEC schemes are one of the most difficult cybercrimes we encounter as they typically involve a coordinated group of con artists scattered around the world who have experienced with computer hacking and exploiting the international financial system,” said United Statr Attorney Nick Hanna. “The case Targets a key player in a large, transnational conspiracy who was living an opulent lifestyle in another country while allegedly proving safe havens for stolen money around the world. As this case demonstrates, my office will continue to hold such criminals accountable, no matter where they live.”

In 2019 alone, the FBI recorded $1.7 billion in losses by companies and individuals victimized through business and email compromise scams, the type of scheme Mr Abbas is charged with conducting from abroad,” said Paul Delacourt, the Assistant Director in Charge of the FBI’s Los AngelesField Office. “While this arrest has effectively taken a major alleged BEC player offline, BEC scams represent the most financially costly type is scheme reported to the FBI. I urge anyone who transfers funds personally or on behalf of a company to educated themselves about BEC so they can identify this insidious scheme before losing sizable amounts of money.”

This was a challenging case, one that spanned international boundaries, traditional financial system and the digital sphere, said Jesse Baker, Special Agent in Charge of the United States Secret Service, Los Angles Field Office. “Technology has essentially erased geographic boundaries leaving trans-national criminals syndicated to believe that they are beyond the reach of law enforcement. The success in this cases was direct result of our trusted partnership between Department of Justice and our Federal Law enforcement colleagues. These partnerships helped dismantle a sophisticated organized crime group who preyed upon unsuspecting businesses. It is thanks to there partnerships that the American people can feel a bit more secure today.

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