26th January, 2022
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).
FBI’s investigation posits that Hushpuppi finances his opulent lifestyle through crime and that he is one of the leaders of a transnational network that facilitates computer intrusions, fraudulent schemes (including BEC schemes), and money laundering, targeting victims around the world in schemes designed to steal hundreds of millions of dollars.