According to DoJ, a federal grand jury indictment unsealed this week alleges an elaborate scheme to steal more than $1.1 million from a businessperson attempting to finance the construction of a school for children in Qatar and the subsequent laundering of illicit proceeds through bank accounts around the world.
The three-count indictment returned on April 29 and unsealed Monday charges three U.S.-based defendants who were arrested last week as well as three defendants believed to be in Africa with conspiracy to commit wire fraud, conspiracy to engage in money laundering, and aggravated identity theft.
The criminal complaint that initiated the prosecution in February was also unsealed Monday, revealing that Ramon Olorunwa Abbas also known by his social media handle of ‘Ray Hushpuppi’ was initially charged in this case. Court documents ordered unsealed today show that Abbas, a 37-year-old Nigerian national, pleaded guilty on April 20. A version of Abbas plea agreement filed late Tuesday outlines his role in the school-finance scheme, as well as several other cyber and business email compromise schemes that cumulatively caused more than $24 million in losses. (Source: U.S. Department of Justice)