Embattled Instagram socialite, Ramon Hushpuppi has pleaded guilty to Internet fraud in the United States of America.
Hushpuppi whose real name is Ramona Igbalode also known as Ramos Abbas was arrested in Dubai in June 2020 and subsequently extradited to the United States where he has been facing charges of corruption in Central California.
Court documents said Mr Abbas admitted to laundering money and also orchestrated fraudulent attacks on a Premier League club, an American law firm, a UK law firm and other schemes as well as carefully recruiting North Korean state sponsored hackers to collaborate his fraudulent schemes.
The fraud was part of a business email compromise scheme that targeted several businesses across the world, with many of the victims being from the U.S.
The Instagram celebrity exhibited his luxurious designer lifestyle on social media claiming to be a real estate developer.
He reportedly stole about $40 million from a U.S. law firm.
He nearly conned an unnamed Premier League club of $124 million.
To avoid a lengthy trial, Mr Abbas entered a plea deal with the U.S. prosecutors in Central California on July 4, 2021 and it was sealed on July 27, 2021.