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Flamboyant Nigerian billionaire popularly known as Raymond Hushpuppi has allegedly been arrested by agents of the FBI in Dubai. Rumours have it that Hushpuppi was arrested alongside his close friend and alleged accomplice, Woodberry from their palatial home in Dubai.
The arrest was the result of months of investigation by the FBI following a fraudulent deal that involved Hushpuppi and his crew, they were said to have collected some money from the USA and were unable to properly launder it as they normally do, hence resulting in the FBI being able to build a strong case against them and enough to get a warrant for their arrest, It is noted that Hushpuppi’s phone has been switched off since the time the arrest.
They allegedly were part of a Nigerian crime ring that siphoned millions of dollars from US unemployment programs amid COVID-19 shutdowns.
They took advantage of states that were already struggling to process a flood of jobless claims amid the COVID-19 pandemic and related government shutdowns.
HushPuppi, Woodberry and others arrested are reportedly on their way to America. Their properties have also been sealed with warrants.
It would be recalled that in 2020, a similar raid by the FBI was made on Hushpuppi’s former friend, Dubai-based Nigerian billionaire Mompha who was also arrested for money laundering.
Abass Latifat
