Suspected fraudster, Ramon Abass Olorunwa aka Hushpuppi will be sentenced on Valentine’s Day, February 14th, 2022, according to the U.S. Department of Justice.
“We expect him to be sentenced on February 14,” Thom Mrozek, Spokesperson of the U.S. Attorney’s Office for the Central District of California said.
The anticipated sentence is coming exactly three years after Hushpuppi colluded with a Canadian co-conspirators and North Korean military hackers – Jon Chang Hyok, 31; Kim Il, 27; and Park Jin Hyok, 36; to pull a $14.7 million cyber-heist on the Bank of Valetta, Malta’s oldest financial institution, on February 13, 2019.
Hushpuppi, a Nigerian resident in Dubai, was arrested in June 2020 by UAE law enforcement officials. He was flown to Chicago after being expelled from the United Arab Emirates (UAE).
Court documents unsealed last July indicated that Hushpuppi could face up to 20 years in prison, a 3-year period of supervised release; and will need to “pay full restitution to the victim(s)”.
The 37-year-old pleaded guilty on April 20, 2021 and this was reportedly confirmed by the U.S. Department of Justice on Tuesday.
