The United States Justice Department has released new details about the case against popular Instagram influencer Ramon “Hushpuppi” Abbas arrested in Dubai last year for money laundering.
Hushpuppi who was popular on the internet for posting pictures of his expensive clothes, cars, money and lifestyle between 2012 and 2020 was in July, charged by the U.S. Attorney’s Office in Los Angeles with conspiring to launder hundreds of millions of dollars from “business email compromise” (BEC) frauds and other scams.
US Justice department on Wednesday, shed more light on one of those scams: working with North Korean hackers to launder funds stolen from a Maltese bank.
The statement released by the Justice Department accused Hushpuppi of being a part of a “North Korean-perpetrated cyber-enabled heist from a Maltese bank in February 2019.”
This was one of the charges against Hushpuppi as earlier revealed by the Department in July 2020.
YOU MAY ALSO LIKE: Bandits: Sheikh Gumi Intervened Because Government Failed To Act – Senator
It had stated that Hushpuppi was involved in “a $14.7 million cyber-heist from a foreign financial institution.”
VANTAGE NEWS learnt that the date and amount stated by the Justice Department match that of the attack on Malta’s Bank of Valletta in February 2019.
Recall that Hushpuppi’s then-lawyer, Gal Pissetzky, told Forbes that he (Hushpuppi) was not guilty of the charges, describing him as “an entrepreneur” into real estate and promotion of brands on Instagram.