Nigerian big boy Ray Hushpuppi has pleaded guilty to conspiracy to engage in money laundering of funds from business email compromise scams and other online heists.
Owing to his admission of guilt, the gucci wearing Hushpuppi faces up to 20 years in prison at sentencing.
According to documents shared by Journalist Evan Ratliff, Hushpuppi had entered into an agreement which limits his prosecution to United States Attorney’s Office, the terms and facts of the agreement is not binding to other federal, state, local or foreign prosecuting authorities.
Hushpuppi will henceforth not challenge facts entered in the agreement and abide by all agreements regarding sentencing. Hushpuppi is also expected to be honest and truthful at all times with the United States probation and pretrial services office and the court.
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Hushpuppi will pay close to $1.7m as restitution, but this can change based on facts that come up prior to sentencing.
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