Money laundering: Hushpuppi pleads guilty, risks 20 years’ imprisonment - Punch Newspapers

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Money laundering: Hushpuppi pleads guilty, risks 20 years’ imprisonment - Punch Newspapers
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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.on Wednesday, Hushpuppi agreed to plead guilty as charged.

The document partly read, “Defendant admits that defendant is, in fact, guilty of the offence to which defendant is agreeing to plead guilty. “Defendant understands that the statutory maximum sentence that the Court can impose for a violation of Title 18, United States Code, Section 1956, as charged in the Information, is: 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, whichever is greatest; and a mandatory special assessment of $100,” the document noted.

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