An agent, who claims to be working with the Federal Bureau of Investigation of the United States’ government has alleged that Instagram celebrity Hushpuppi has been slammed with fresh charges for laundering over $400k while in prison.
According to the documents presented before the U.S District Court of California on Wednesday, March 16, 2022, Hushpuppi was indicted as fresh evidence showed he committed fraud and money laundering in U.S Federal correctional facility.
The documents showed that Hushpuppi took part in the purchase and laundering of Economic Impact Payment debit cards fraudulently obtained from stolen data of U.S citizens and residents.
Economic Impact Payments are financial facility offered by the US government to its residents according to the CARES Act. One of the ways eligible US residents receive their Economic Impact Payments is by debit cards.
The documents shown in court also revealed that hackers used U.S. residents’ data to file and obtain the Economic Impact Payments debit cards and sold them off to other cyber criminals in underground marketplaces.
Prosecutors say inmates are allowed access to phone calls, videos calls, the internet, exempt from being monitored in protection of their rights to privacy.
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For this reason, Hushpuppi was granted access to internet at the prison facility. However, between January 28 and March 4, security officers at the facility observed that he had gone beyond allowed internet use.
The officers obtained a warrant to monitor the internet activities of Hushpuppi and his online dealing were recorded for seven days.
The surveillance caught Hushpuppi buying EIP debit cards from an underground cyber criminal marketplace called StimulusCard (“https://stimuluscard.com/”).
Within the period, Hushpuppi had bought bought a total of 58 EIP debit cards with a total value of $429,800 on the site and laundered the money through one AJ.
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