Alleged international fraudster, Ramon Abbas aka Hushpuppi, has agreed to plead guilty to charges including money laundering, wire fraud, felony amongst others brought against him by the United States District Court for the Central District Of California.
In a plea agreement document sighted by The PUNCH on Wednesday, Hushpuppi agreed to plead guilty as charged.
The document was signed by Hushpuppi; his lawyer, Loius Shapiro; Acting United States Attorney, Tracy Wilkison, amongst others.
It stated that Hushpuppi risks “20 years’ imprisonment; a 3-year period of supervised release; a fine of $500,000 or twice the gross gain or gross loss resulting from the offence”.
The document partly read, “Defendant (Hushpuppi) admits that defendant is, in fact, guilty of the offence to which defendant is agreeing to plead guilty.
“Beginning no later than on or about January 18, 2019, through on or about June 9, 2020, defendant knowingly combined,