CrimeTrending Story

Hushpuppi’s associate, Woodberry pleads guilty, forfeits $8m cyber crime proceeds to US Govt

880

Ramon Abbas popularly known as Hushpuppi, a former Instagram influencer and convicted felon’s associate, Olalekan Jacob Ponle, known as Mr. Woodberry in a plea declaration submitted at the United State District of Illinois Eastern Division has agreed to forfeit $8 million in proceeds of the fraudulent scheme known as business email compromise (BEC).

According to sources, by pleading guilty Woodberry will forfeit every proceeds obtained directly or indirectly from the offence which he is being convicted for to the US government.

Persecondnews reports that part of his plea bargain includes the forfeiture of his luxury cars, watches, and expensive fashion accessories, one Patek Philippe watch, three Audemars Piguet watches, four Rolex watches, three gold and diamond-studded earrings, and six gold neck chains — to the US government.

“Defendant understands that by pleading guilty, he will subject to forfeiture to the United States all right, title, and interest that he has in any property constituting or derived from proceeds obtained, directly or indirectly, as a result of the offence,” stated the document containing Ponle’s signed plea declaration.

In June 10,2020, Hushpuppi and Woodberry were apprehended in the United Arab Emirates in a sting operation by operatives of the Dubai crime unit, tagged “Fox Hunt 2.”

The Dubai Police disclosed in a video detailing how the operation of effecting the arrest of the duo was carried out resulted in the confiscation of incriminating documents of a planned fraud on a global scale worth AED1.6 billion ($435million).

The “Fox Hunt 2” operation witnessed the seizure of of more than AED 150 million ($40.9million) in cash, 13 luxury cars with an estimated value of $6.8 million obtained from fraud crimes.

Leave a comment

Related Articles

NDLEA busts N22.74bln Opioids at Lagos, Port Harcourt ports

Operatives of the National Drug Law Enforcement Agency (NDLEA) have seized large...

Horrific! Hubby stabs fatally newlywed wife, sets house on fire in Lagos

In a fit of rage, 30-year-old Motunrayo Olaniyi has allegedly stabbed his...

In Lagos, man arrested for stabbing father to death

Chibunnma Chimelie, a 25-year-old man, has been arrested for fatally stabbing his...

Unleashing of wild dogs on police: 2 people remanded in prison, face life imprisonment

For allegedly unleashing four wild dogs on police to obstruct the arrest...

Police take into custody suspected killer of abducted FUNAAB female student

The Lagos State Police Command says it has taken over the case...

Four arrested for blackmailing ex-NPA MD, posing as EFCC officials

Four suspects have been arrested by the Economic and Financial Crimes Commission...

UK court sentences four Nigerians for fake marriage certificate scheme

For creating fake marriage certificates that allowed Nigerians to live illegally in...

Display of Russian flag: Kano Police Command transfers 76 suspects to Abuja

The Kano State Police Command has handed over 76 people, including a...

At last, NDLEA nabs long-sought Lagos drug cartel leader

The National Drug Law Enforcement Agency (NDLEA) said on Wednesday that its...

NDLEA uncovers hard drugs hidden in incense candles, women’s clothing in Lagos

Operatives of the National Drug Law Enforcement Agency (NDLEA) in Lagos have...

NDLEA seizes codeine shipments worth N9.8bn from India

The National Drug Law Enforcement Agency (NDLEA) announced on Friday that its...

Updated: Gambaryan case: Court orders arrest of Kuje prison medical doctor

A Federal High Court in Abuja has ordered the arrest of Dr....

Court declines Emefiele’s request to travel abroad for medical checkup

A Federal High Court in Maitama, Abuja, on Tuesday rejected an application...

Blord, crypto mogul, arrested by police for suspected fraud and terrorism ties

Linus Williams, a.k.a. BLord, a prominent cryptocurrency entrepreneur, was taken into custody...

Just in: Buhari’s Power Minister, Mamman, gets reprieve, N10bln bail

A Federal High Court in Abuja on Friday granted bail to former...

Updated: Ex-Power minister remanded in prison over alleged N33bn fraud

A Federal High Court in Abuja has remanded Saleh Mamman, a former...

Counterfeit alcoholic beverages: NAFDAC seals 100 shops, suspects apprehended in Enugu

The National Agency for Food Drug Administration and Control (NAFDAC) has shut...

Customs busts 10 containers laden with illegal arms, drugs in Port Harcourt

The Nigeria Customs Service has made a significant bust at Onne Port...

12 Ajayi Crowther University students cleared of murder charges

An Iyaganku Chief Magistrates’ Court in Ibadan, Oyo State capital, on Monday...