Naija Crime

Hushpuppi Laundered Money For North Korean Hackers- Forbes

Hushpuppi Laundered Money For North Korean Hackers- Forbes

Hushpuppi Laundered Money For North Korean Hackers- Forbes

-Global media company, Forbes have relatively released new details about the fraud case against Instagrammer, Hushpuppi

-It has been reported that the lavish spender helped North Korean hackers launder money stolen from a Maltese bank

-Nigerians have reacted to the new findings about the alleged fraudster

Fresh news has been released about the fraud charges levied against Ramon Abbas popularly known as Hushpuppi.

According to Forbes, the Department of Justice has released a report that shows that the alleged scammer laundered money for North Korean hackers.

Mr. Abbas reportedly helped some hackers from North Korea to launder money that was stolen from a bank in Maltese in February 2019.

In other news: Billionaire, Elon Musk has revealed why Tesla invested in Bitcoin rather than Dogecoin

The US Justice Department claims that Abbas was part of a $14.7 million cyber-heist from a foreign financial institution. The date and amount attached to this claim match that of the attack on Malta’s Bank of Valletta.

Ramon Abbas was arrested in Dubai in late June. The 38-year-old was transferred to the US to face criminal charges for fraud scams.

Huspuppi arrest

Before his arrest, Hushpuppi was an influencer on Instagram with over 2.5 million followers. He was known for wowing followers with photos and videos of flashy cars and clothes.

Abbas’ lawyer Gal Pissetzky, in July 2020 told the court that the accused was not a criminal but an entrepreneur.

Huspuppi and gal pissetzky

Forbes also revealed that although Abbas often called himself “Billionaire Gucci Master”, he was worth far less than a billion dollars.

Check out reactions to news about the alleged fraudster.

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