Wednesday, 16 November 2022

Hushpuppi's Final Verdict! He Gets 11 Years For Money Laundering & Scam

Hushpuppi, the social media influencer who flaunted a lavish lifestyle of private jets and luxury cars has been sentenced to 11 years in prison over charges related to a multimillion dollar scam that targeted companies in the United States and overseas.
Ramon Abbas, known to his millions of Instagram followers as Ray Hushpuppi, pleaded guilty in April last year to conspiracy to engage in money laundering. In addition to the prison sentence handed down on Monday, United States District Judge Otis D. Wright II ordered him to pay $1.7 million in restitution to two fraud victims. 
It is a spectacular downfall for Abbas, 40, whose June 2020 arrest at his gilded perch in Dubai made headlines worldwide. 
Before his sentencing, Abbas was held in federal detention in Los Angeles, his once flamboyant social media account gone quiet — despite gaining 500,000 new followers since his arrest. 
In a handwritten letter to the judge in September – the only direct word from him since his arrest – Abbas detailed his two years in detention. “Since I have been incarcerated, I have had enough time to reflect on the past and I regret letting greed ruin the good name of my family, my blessing and my name,” he wrote. On social media, where Abbas had posted videos of himself tossing wads of cash like confetti, he referred to himself as a real estate developer. But federal investigators said he financed his extravagant lifestyle through online hacking schemes that netted more than $24 million.
His Instagram account has since been deactivated by META!!!






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