Hushpuppi pleads guilty to conspiracy to launder money

Nigerian Instagram star Ramon Abass, popularly known as Hushpuppi, has reportedly pleaded guilty to money laundering charges against him.

BBC pidgin claimed to have come across court documents in which he came to an agreement to plead guilty.

The report said he was prepared to appear in court to plead guilty to conspiring to engage in money laundering.

Huspuppi is on trial in Los Angeles, California, and reports say he faces 20 years in prison.

Hushpuppi has been accused of being the leader of a group that facilitates computer intrusions, commercial email compromise fraud (BEC) and money laundering.

He first pleaded not guilty to the four counts of conspiracy to commit electronic fraud, money laundering conspiracy, international money laundering and participation in monetary transactions in derivative goods. ‘specified illegal activities.

However, the US Department of Justice insisted he was leading an opulent social media lifestyle funded by a cybercrime syndicate involved in email compromise or the BEC program, hacking emails. and encouraging staff to make money transfers.

“Abbas maintains social media accounts that frequently showed him in designer clothes, wearing expensive watches and posing in or with luxury cars and charter jets. The FBI investigation revealed that Abbas finances this opulent lifestyle through crime, ”according to the court document.

Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including a scheme to steal £ 100million (approximately $ 124million) from a club Premier League football, “the Justice Department said a few months ago.

–