The alleged international scam artist, Ramon Abbas, also known as Ray Hushpuppi, made his first appearance in court in a US court where the Federal Bureau of Investigation alleged that he tried to cheat an English Premier League football club for £ 100 million ( N48.4bn).
The indictment is contained in an affidavit deposed by FBI Special Agent Andre Innocenti, who is assigned to the High-Tech Organized Crime Squad of the Los Angeles Field Office.
According to the FBI, the suspect faces charges of conspiracy to commit money laundering, among others.
The affidavit stated in part: “Abbas and others conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including a plan to steal £ 100 million (approximately $ 124 million) from a Premier League football club English “.
The FBI further stated that if Hushpuppi is convicted, he risks spending 20 years in prison.
“If convicted of conspiracy to carry out money laundering, Abbas would face a maximum legal sentence of 20 years in federal prison,” said the FBI.
The affidavit alleges that Hushpuppi and others committed a Business Email Comprise scam that defrauded a client of a New York-based law firm for approximately $ 922,857 (N350.6m) in October 2019.
The suspect and conspirators allegedly tricked one of the law firm’s paralegals into transferring money intended to refinance the client’s real estate to a bank account that was controlled by Hushpuppi and the conspirators.
U.S. authorities also alleged that Hushpuppi conspired to launder stolen funds in a $ 14.7 million (N5.5bn) cyber robbery from a foreign financial institution in February 2019, in which the stolen money was sent to bank accounts worldwide. .
Abbas allegedly provided a conspirator with two bank accounts in Europe that Abbas anticipated would each receive € 5 million (N2.1bn) of the fraudulently obtained funds.