Business

50 Cent To Monetise Hushpuppi’s Fraudulent Lifestyle With New Series

United States rapper and movie producer, Curtis James Jackson III, popularly known as 50 Cent, has disclosed he plans to monetise the life of Nigerian internet fraudster, Abbas Ramoni, alias, Hushpuppi.

50 Cent announced on Instagram on Wednesday that the Hushpuppi series is coming soon, “For my scammers I gotta do this one, Hushpuppy series coming soon! GLG GreenLightGang i don’t miss.” 

The ‘Window shopper’ crooner is known for producing crime-related movies such as ‘Power: Ghost’, Get Rich or Die Tryin’, ‘Den of Thieves’, amongst many others. As of 2018, his movies have grossed $592.9 million, according to Forbes. 

His statement comes days after Hushpuppi was convicted by the United States District Court sitting at the Central District of California for fraud-related charges and sentenced to 11-year and three months jail term. 

Hushpuppi, who was described as one of the most prolific money launderers in the world by the Assistant Director in charge of the FBI’s Los Angeles Office, Don Alway, has already spent two years behind bars, and has nine years left. 

Ramoni was sentenced two years after he was arrested in June 2020 in Dubai, United Arab Emirates, and was extradited to the United States on July 3, after defrauding over 1.9 million people. 

After pleading guilty to the charges filed against him, he was ordered by Justice Otis Wright II to pay $1.7 million in restitution to two fraud victims. 

Alway, in a court document, said, “Abbas leveraged his social media platforms… to gain notoriety and to brag about the immense wealth he acquired by conducting business email compromise scams, online bank heists and other cyber-enabled fraud that financially ruined scores of victims and provided assistance to the North Korean regime.”

The US justice department said Hushpuppi admitted to, “several other cyber and business email compromise schemes that cumulatively caused more than $24 million in losses.”

Fakoyejo Olalekan

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