Thursday, June 25, 2020

Dubai Police seizes $40.9m cash from Hushpuppi, explains arrest

Dubai Police have seized $40.9m in cash and more than a dozen luxury cars in the arrest of Hushpuppi, Nigerian Instagram celebrity accused of online fraud and money laundering.

In a video shared by the police, officers explained how they arrested Nigerian gang leader Raymond Abbas, better known as Hushpuppi.

Hushpuppi’s principal scam was to create websites that looked identical to well-known companies and banks, it is alleged.

He and his accomplices then used emails and messages to prompt people to log in or make payments on the fake sites.


The gang hacked corporate emails and directed huge payments by companies towards accounts they controlled.

Olalekan Jacob Ponle, known as Woodberry, was also arrested along with ten other men in an operation involving six police SWAT teams.

Along with 13 luxury cars, valued at an estimated $6.8m, police confiscated 21 computers and 47 smartphones.

The gang had 119,580 “fraud files” as well as addresses of more than 1.92 million victims.

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