Hushpuppi Pleads guilty, Risks spending 20 Years imprisonment.
Hushpuppi Pleads guilty, Risks spending 20 Years imprisonment.
Hushpuppi who was arraigned in Dubai has pleaded guilty and faces possibility of serving 20 years imprisonment.
Ramon Abbas aka Ray Hushpuppi, has agreed to plead guilty to conspiracy to engage in money laundering and online fraud, according to latest reports in the U.S media.
Evan Ratliff who writes for Bloomberg, tweets that Hushpuppi “will face up to 20 years in prison at sentencing.
“In his plea agreement, Abbas 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.