According to recent allegations in the US media, Ramon Abbas, nicknamed Ray Hushpuppi, has decided to plead guilty to money laundering and online fraud conspiracy.
Hushpuppi “will face up to 20 years in prison at sentencing,” according to Bloomberg reporter Evan Ratliff.
“In his plea agreement, Hushpuppi admitted to laundering money from the Malta Bank heist and the BEC attacks on a Premier League club, another UK firm, and an American law firm, as well as additional schemes.
”Hushpuppi’ plea agreement, which involved crimes allegedly perpetrated by North Korean state sponsored hackers, was heavily redacted and many of the filings in the case remain sealed.”
On June 10, 2020, Dubai police captured Hushpuppi and 11 other members of his gang, including Olalekan Jacob Ponle alias ‘Woodberry.’
Dubai police accused the suspects of “committing crimes outside the UAE (United Arab Emirates), including money-laundering, cyber fraud, hacking, criminal impersonation, scamming individuals, banking fraud and identity theft.”
He was flown to Chicago after being expelled from the UAE.
He made his initial U.S. court appearance in Chicago on July 3, 2020 and was subsequently transferred to Los Angeles for trial.