Ramon Abbas, popularly known as Ray Hushpuppi, may likely face up to 20 years in prison.

WuzupNigeria had reported that Hushpuppi was arraigned in a court in California, United States, ahead of his trial on October 13, 2020, where he pleaded not guilty to four counts of conspiracy to commit money laundering conspiracies, wire fraud, international money laundering, and engaging in monetary transactions in property derived from specified unlawful activity.

In a recent update, according to American Journalist, Evan Ratliff, the self-proclaimed ‘Billionaire Gucci Master’ pleaded guilty to the charges levelled against him and may likely face up to 20 years in prison.

“Ramon Abbas aka Ray Hushpuppi agreed today to plead guilty in federal court to conspiracy to engage in money laundering, of funds from business email compromise scams and other online heists. He’ll 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.

“Abbas’s plea agreement, which involved crimes allegedly perpetrated by North Korean state-sponsored hackers, was heavily redacted, and many of the filings in the case remain sealed.”