COURT DOC: Nigerian National Brought to U.S. to Face Charges of Conspiring to Launder Hundreds of Millions of Dollars from Cybercrime Schemes
A Dubai resident who flaunted his extravagant lifestyle on social media has arrived in the United States to face criminal charges alleging he conspired to launder hundreds 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.
Ramon Olorunwa Abbas, 37, a.k.a. ‘Ray Hushpuppi’ and ‘Hush,’ a Nigerian national, arrived in Chicago Thursday evening after being expelled from the United Arab Emirates (UAE)…Abbas was arrested last month by UAE law enforcement officials.
According to an affidavit filed with the complaint, Abbas maintains social media accounts that frequently showed him in designer clothes, wearing expensive watches, and posing in or with luxury cars and charter jets. ‘The FBIs 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.
The affidavit describes BEC schemes as often involving a computer hacker gaining unauthorized access to a business email account, blocking or redirecting communications to and/or from that email account, and then using the compromised email account or a separate fraudulent email account to communicate with personnel from a victim company and to attempt to trick them into making an unauthorized wire transfer. (Source: U.S. Department of Justice)