A Nigerian man nicknamed “Ray Hushpuppi” who flaunted his Rolls Royces, fancy watches and designer clothing on Instagram faces money laundering conspiracy charges in the United States, according to the Department of Justice. He is accused of conspiring to launder hundreds of millions of dollars through cybercrime schemes. According to a federal affidavit, one of the alleged victims was the client of a New York-based law firm that lost nearly a million dollars in 2019. Authorities said he was part of a BEC scheme that defrauded a client of a New York-based law firm out of about $922,857 in October 2019. If convicted of money laundering, he would face a maximum sentence of 20 years in prison.

Source: The Star July 04, 2020 08:26 UTC