On June 10, 2020, popular socialite, Dubai based Instagram big boy and Gucci lord Ramon Olorunwa Abbas a.k.a Hushpuppi was arrested in Dubai, United Arab Emirates for multiple fraud and Business Email Compromise (BEC) scam charges. He was arrested by the Dubai Police alongside 11 other accomplices in a special operation tagged ‘Fox Hunt’.
The Dubai police said the suspects were accused of committing several crimes outside the UAE, listing money-laundering, cyber fraud, hacking, criminal impersonation, scamming individuals, banking fraud and identity theft as some of them.
He was later extradited to the USA to face his charges and have now pleaded guilty to all charges and naming several other high profile and popular individuals in Nigeria as having either intentionally benefited from his activities or being a direct accomplice.
His arrest did not come as a shock to many Nigerians because on several occasions people have questioned the source of his wealth, insisting people who work very hard to make money do not spend it or throw it around in the manner the Gucci master does.
Prior to his arrest Hushpuppi boasted to being a made man and lived a very posh, lavish, loud and pompous lifestyle. Acquiring several high end luxury cars including different models of Rolls Royce, Ferrari, Lamborghini etc. He lived in a state of the art building, only patronising cloth and shoe designers directly, to ensure he gets the most expensive of them all, earning him the name Gucci Lord.
He was so rich and popular that he challenged celebrities and other influencial personalities openly on Instagram, making them feel financially insufficient with their hard work. His net worth is estimated to be in excess of $100 million (N8.2billion) and to buttress this claim, they found $41 million in cash in his Dubai apartment during his arrest. All these wealth, luxury and fame, with no traceable source of income though his verified Instagram account which has about 2.5 million followers says he is a Real Estate Developer. However there is no physical structure to back that up.
What beats my imagination is how a person can be so smart in successfully pulling off multiple million dollar scams, yet so dumb in hiding and investing the proceeds. Like that is the very basic or first course you take while studying to become a fraudster. Drug lords maintain a low profile and do everything possible to hide their wealth from suspecting eyes and are brutal when is comes to their personal life, true identity and location. Politicians who have access to millions of public funds hide them away in Swiss accounts and use other legal fronts in keeping their investments out of the radar.
How does someone who is supposed to be so smart and clearly knows he can not defend his wealth when called upon, live literally in the public and doing everything possible to let everyone who cares to know that he is excessively rich? That for me is perfect oxymoron. Hushpuppi is the truly and undeniable successful smart intelligent criminal!
Photo credit: Instagram