From a $10,000 per month apartment at Pallazzo Versace to exclusive trips on private jets, expensive designer outfits and excessive show of wealth on social media, this video by the Federal Bureau of Investigation (FBI) analyzes the fraudulent lifestyle of Ramon Abass, aka, Hushpuppi.
Arrested in Dubai in July 2020, Hushpuppi arrived in the United States to face criminal charges bordering on money laundering to the tune of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a U.S. law firm, a foreign bank and an English Premier League soccer club.
According to an affidavit filed with the complaint, Hushpuppi maintained social media accounts that frequently showed him in designer clothes, wearing expensive watches, and posing in or with luxury cars and charter jets.
“The FBI’s investigation has revealed that Abbas finances this opulent lifestyle through crime, and that he is one of the leaders of a transnational network that facilitates computer intrusions, fraudulent schemes (including BEC schemes), and money laundering, targeting victims around the world in schemes designed to steal hundreds of millions of dollars,” according to the affidavit.
Hushpuppi, three weeks ago, pleaded guilty to the criminal charges levelled against him and risks spending 20 years behind bars.