Ramon Olorunwa Abbas, popularly known as “Ray Hushpuppi” has on Friday 10th July, 2020 appeared before a United State of America court.
Hushpuppy has been charged with running a global fraud operation, including targeting a Premier League football club, a bank and a US law firm.
According to the US Department of Justice (DoJ), the social media star is alleged to have conspired to launder hundreds of millions of dollars through Business Email Compromise (BEC) frauds and other scams as against the claims laid by him of running a real estate business.
It could be recalled that Hushpuppi was arrested June, last month at his residence in the UAE by the Dubai police and officers working in “Operation Fox Hunt 2” after some periods of investigation carried out by the FBI.
Meanwhile, the DoJ said the FBI’s special agents obtained custody of Abbas and took him to Chicago, from where he will be making his appearances in court. “The FBI’s investigation has revealed that Abbas finances this opulent lifestyle through crime”.
According to the DoJ, hundreds of Hushpuppi’s Instagram’s posts in recent times, showed that the social media celebrity has displayed an extravagant lifestyle ranging from designer clothes and watches, expensive cars and chartered jets to his followers of over 2.4 million and still counting.
The DoJ said Abbas alongside others “conspired to launder £100m (approximately $124m) from an English Premier League soccer club”.
Abbas is also accused of laundering $14.7m stolen in a cyber-theft from an anonymous bank in February 2019, sending the money to different bank accounts around the world.
The Department of Justice also said, Investigators were able to track the where about of Hushpuppi by following his posts, and if convicted, he is likely to serve 20 years maximum sentence in prison.