Hushpuppi to Face 20yrs in US Federal Prison on Fraud Charges

Ray Hushpupi is the most wanted Hacker in Nigeria

Days after his case was extradited to the US, Ray Hushpuppi is set to be charged to 20yrs in Prison over Fraud.

According to reports, apart from the previous fraud carried out by the Instagram big boy and his team, Hushpupi was also set to

target a U.S. law firm, a foreign bank and an English Premier League soccer club.

Moreover Hushpuppi made his initial U.S. court appearance this morning in Chicago,

and he is to be transfer to Los Angeles in coming weeks.

Meanwhile 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 also alleges that Hushpuppi finances his opulent lifestyle of designer clothes,

wearing expensive watches, posing in or with luxury cars and charter jets through crime.

Hushpuppi Faces 20yrs in Prison On Fraud Charges

The statement partly read;

“BEC schemes as often involving a computer hacker gaining unauthorized access

to a business’ email account, blocking or redirecting communications

to and/or from that email account, and then using the compromised email account

or a separate fraudulent email account to communicate

with personnel from a victim company

and to attempt to trick them into making an unauthorized wire transfer.

“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

Interpol confirms Hushpuppi arrest

who have experience with computer hacking and exploiting the international financial system,”

said United States Attorney Nick Hanna.

“This case targets a key player in a large, transnational conspiracy

who was living an opulent lifestyle in another country while allegedly providing safe havens

for stolen money around the world.

Also 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 also individuals victimized through business email compromise scams,

Also the type of scheme Mr. Abbas hushpuppi is charge with conducting from abroad.

“Technology has however essentially erased geographic boundaries

leaving trans-national criminal syndicates to believe that they are beyond the reach of law enforcement.

However The success in this case was the direct result of our trusted partnerships

between the Department of Justice and our federal law enforcement colleagues.

Furthermore These partnerships helped dismantle a sophisticated organized crime group

who preyed upon unsuspecting businesses.

It is thanks to these partnerships that the American people can feel a bit more secure today.”

However This case is being prosecuted by Assistant United States Attorneys Anil J. Antony

and Joseph B. Woodring of the Cyber and Intellectual Property Crimes Section.

Furthermore If convicted of conspiracy to engage in money laundering, Abbas Hushpuppi

would face a statutory maximum sentence of 20 years in federal prison.