There are more revelations about how Hushpuppi and his gang allegedly defrauded many people and firms before they were arrested and extradited to the United States of America, USA.
The Federal Bureau of Investigations, FBI revealed that it has filed a case alleging that Olalekan Jacob Ponle, also known as Mr Woodberry defrauded US firms of millions.
In an affidavit filed on Woodbery’s case, the FBI disclosed that part of the sum from the scams had been stashed away in a Bitcoin wallet.
FBI further accused Woodbery of staging business email compromise, BEC, schemes targeting accounts through computer intrusion techniques to transfer funds from victim companies.
According to the FBI, Woodbery defrauded a Chicago-based company of $2,300,000 while another firm was also defrauded $15,268,000.
Woodbery defrauded US firm of $15.3m
In the affidavit, FBI revealed that Ponle received at least 1,494.71506296 bitcoin related to these BEC schemes, valued at approximately $6,599,499.98.
However, Woodbery is expected to appear in court on July 9, for hearing on his detention.
You will recall that Dubai police authorities had earlier shared footage of how Hushpuppi and his gang members were arrested in a special operation over cyber-fraud involving 1.9 million victims to the tune of N168 billion.
The suspects were said to have been involved in crimes spanning money laundering, hacking, impersonation, scamming, banking fraud, and identity theft.
After their arrest, Hushpuppi and other members of his gang had been expelled from the UAE to the US where he is to face charges of conspiracy to commit fraud, one for which he risks 20 years jail term.
