Known for draping in Gucci and posting pictures in private jets and Rolls Royces – Nigerian Instagram influencer who portrayed himself as a billionaire is convicted of fraud and faces 20 years in prison
The Nigerian celebrity who enjoys 2.4 million followers on Instagram was charged for a $432 million cyber scam precisely a year ago for luring victims all over the world with his extravagant social media persona.
The influencer will now face two decades in prison and is also ordered to repay some of those he conned after admitting money laundering.
FACES 20 YEARS IN PRISON
Kristi K. Johnson, who's in charge of the FBI’s Los Angeles field office, described Abbas as one of the “most high-profile money launderers in the world".
HIGH PROFILE CRIMINAL
He added that Abbas' celebrity status and ability to make connections seeped into legitimate organizations and led to several spinoff schemes in the U.S. and abroad.
The new slew of charges unveiled a scheme where Abbas and his accomplices allegedly faked the financing of a Qatari school by playing the roles of bank officials. They succeeded in defrauding a businessman of $1.1m.
QATARI SCHOOL FRAUD
Part of the stolen money was used to “purchase a Richard Mille RM11-03 watch, which was hand-delivered to Abbas in Dubai and subsequently appeared in Hushpuppi’s social media posts.
FANCY WATCHES AND CARS
Mr. Abbas had set a remarkable rags-to-riches story of his life. He started as a secondhand clothes trader in Lagos, which has reached an unpleasant end with crimes and fraud committed in Europe, America, and Nigeria.
RAGS TO RICHES STORY
Back in June 2020, cops took more than $37 million in cash along with luxury cars when they stormed Hushpuppi’s apartment in Dubai when he was sleeping.
ACCOMPLICES & VICTIMS