Ramon Olorunwa Abbas appeared in federal court in Chicago on Friday. He is accused of conspiring to legalize hundreds of millions of dollars through cybercrime programs.
According to a federal statement, one of the alleged victims was a client of a New York-based law firm that lost nearly $ 1 million in 2019.
Abbas was arrested last month by law enforcement officials in the United Arab Emirates and transferred to the United States this week by the FBI.
Prosecutors allege that Abbas is one of the leaders of a global network that uses computer intrusions, e-mail compromise programs (BECs) and money laundering to steal hundreds of millions of dollars.
A BEC program often involves a hacker redirecting the communications of a business account to others in an attempt to persuade them to make a bank transfer.
“This case targets a key factor in a large, interstate conspiracy that has lived a luxurious way of life in another country, while allegedly providing safe havens for stolen money around the world. As this case proves, my office will continue to he is accountable to these criminals, not regardless of where they live, “said U.S. Attorney Nick Hannah in a statement.
It is unknown at this time what he will do after leaving the post.
The Justice Department says the Hushpuppi Instagram account, which has 2.4 million followers, shows Abbas in or in front of a jet, shopping for luxury brands, posing in front of Rolls Royces, a Ferrari and other expensive cars.
In the CV, Hushpuppi says he is a real estate developer.
The conspirators were chasing the English football team, the feds say
A criminal complaint filed last month alleges that Abbas and an anonymous person conspired to launder funds from a forged $ 14.7 million financial institution in 2019.
Abbas is also accused of plotting to steal $ 124 million from an English Premier League football club. The complaint does not state which group was targeted or whether the attempt was successful.
Authorities say it was part of a BEC system that defrauded a client of a New York-based law firm from about $ 922,857 in October 2019.
The FBI says in a criminal complaint that Abbas and others cheated a paralegal in the law firm to cover money intended for real estate financing in an account used by Abbas and his conspirators.
Abbas, 37, is being held at the Metropolitan Correctional Center in Chicago, according to the Federal Office of the Prison. He will be transferred to Los Angeles in the coming weeks, according to the Department of Justice.
If convicted of money laundering, he could face up to 20 years in prison.