Foreign Financial Institution

Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, on Friday made his first court appearance in an American court where the Federal Bureau of Investigation alleged that he attempted to dupe an English Premier League football club of £100m (N48.4bn). The allegation is contained in an affidavit deposed to by FBI Special Agent, Andre Innocenti, who is assigned to the Los Angeles Filed Office High-tech Organise Crime Squad. According to the FBI, the suspect is facing charges of conspiracy to commit money laundering among others. The affidavit read in part, “Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million (approximately $124 million) from an English Premie...