Hushpuppi pleads guilty to conspiracy to engage in money laundering
Nigerian Instagram celebrity, Ramon Abbas a.k.a Ray Hushpuppi has pleaded guilty to conspiracy to engage in money laundering of funds from business email compromise scams and other online heists.
Journalist Evan Ratiff who shared copies of the agreement, revealed that Hushpuppi now faces up to 20 years in prison at sentencing. The agreement he entered is limited to United States Attorney’s Office and not binding to other federal, state, local or foreign prosecuting authorities.
He will henceforth not contest facts entered in the agreement and abide by all agreements regarding sentencing. Hushpuppi is also expected to truthful at all times with the United States probation and pretrial services office and the court.
The Instagram celebrity will pay close to $1.7m as restitution, but this can change based on facts that come up prior to sentencing.