Alleged internet fraudster, Ramon Abbas Popularly known as Ray Huspuppi, has agreed to plead guilty to conspiracy to engage in money laundering and online fraud.
Globalgistng understands that controversial journalist, Kemi Olunloyo made this known where she wrote that the suspected fraudster may face up to 20 years in jail.
She wrote: Ramon Abass aka @hushpuppi #hushpuppi has agreed to PLEAD GUILTY to US Federal Court to conspiracy to engage in money laundering of funds from BUSINESS EMAIL COMPROMISE SCAMS and other online heists. He will face up to 20 years at sentencing. I am the ONLY media professional who has been giving you exclusive updates on this case and BREAKING IT FIRST
I will do a #Kemitalksopinion analysis at 12 NOON �� so STANDBY‼️‼️ There will NO LONGER be a trial. He did a plea deal as I expected. He allegedly moved the money for all the hackers. I will give you exclusive reasons on why he was caught. Flashing wealth and double crossing one particular hacker.”
Meanwhile, a friend to Hushpuppi, Pac who was arrested with him in 2020, has regained freedom.
Pac, via his Instagram narrated how he was arrested alongside Hushpuppi on June 9, 2020. According to him, the arrest came a week to his birthday, and he thought the end had come.
He was on a quest for greener pastures when things turned upside down, resulting in the darkest 6 months of his life. He revealed that he was released because security operatives had nothing on him.
Also Evan Ratliff who writes for Bloomberg, tweets that Hushpuppi “will face up to 20 years in prison at sentencing.
“In his plea agreement, Abbas admitted to laundering money from the Malta Bank heist and the BEC attacks on a Premier League club, another UK firm, and an American law firm, as well as additional schemes.
“Abbas’ plea agreement, which involved crimes allegedly perpetrated by North Korean state sponsored hackers, was heavily redacted and many of the filings in the case remain sealed.”
Hushpuppi was arrested by Dubai police on June 10, 2020, alongside 11 other members of his gang which include Olalekan Jacob Ponle aka ‘Woodberry.’
Dubai police accused the suspects of “committing crimes outside the UAE (United Arab Emirates), including money-laundering, cyber fraud, hacking, criminal impersonation, scamming individuals, banking fraud and identity theft.”
He was flown to Chicago after being expelled from the UAE.
He made his initial U.S. court appearance in Chicago on July 3, 2020 and was subsequently transferred to Los Angeles for trial.