Hushpuppi who was arrested by the Dubai Police for Cybercrime was extradited to the US, July 2.
He was accused by the US FBI of attempting to scam an English premier league soccer club of approximately $124 million and also committed a BEC scheme that defrauded a client of a New York based law firm of approximately $922,875 in October 2019.
The Dubai Police caught Hushpuppi and 11 others with 150million Dirhams what of properties including watches, laptops, phones, hard drives and reported that Hushpuppi and his gang scammed over 1.9 million people.
The statement partly read,
"The affidavit alleges that Abbas and others committed a BBC scheme that defrauded a client of a New York-based law firm out of approximately $922,857 in October 2019. Abbas and co-conspirators allegedly tricked one of the law Firm’s paralegals into wiring money intended for the client’s real estate refmancing to a bank account that was controlled by Abbas and the coconspirators.
The affldavit also alleges that Abbas conspired to launder funds stolen in a $14.7 million cyber-heist from a foreign tinancial institution in February 2019, in which the stolen money was sent to bank accounts around the world. Abbas allegedly provided a co-conspirator with two bank accounts in Europe that Abbas anticipated each would receive €5 million (about $5.6 million) of the fraudulently obtained funds.
Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million (approximately $124 million) from an English Premier League soccer club, the complaint alleges.
A criminal complaint contains allegations that a defendant has committed a crime. Every defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.
If convicted of conspiracy to engage in money laundering, Abbas would face a statutory maximum sentence of 20 years in federal prison."
View the rest of the statement below.
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