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Alleged Nigerian fraudster, Ramon Abbas, popularly known as Ray Hushpuppi, will likely face up to 20 years in prison.
According to American Journalist, Evan Ratliff, the self-proclaimed “Billionaire Gucci Master’ pleaded guilty to the charges leveled against him and he will likely face up to 20 years in Prison.
His post reads ;
Hushpuppi agreed today to plead guilty in federal court to conspiracy to engage in money laundering, of funds from business email compromise scams and other online heists. He’ll 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’s 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.