Instagram influencer arrested over $400m fraud

By NP admin | Monday, June 29, 2020
Instagram influencer arrested over $400m fraud
Instagrammer Hushpuppi under arrest

Dubai's police force say they have arrested Nigerian Instagram celebrity Raymond Igbalodely, known as Hushpuppi, on allegations of fraud amounting to $435m (£346m).

https://www.instagram.com/p/CA2PniDj708/?utm_source=ig_web_copy_link

In an operation police called "Fox Hunt 2", 12 other people were arrested in six simultaneous raids in Dubai.

Keep Reading

https://twitter.com/dxbmediaoffice/status/1276133837374926850?s=21

Nearly two million people from different parts of the world were said to have fallen victims to the plot.

The social media star was based in Dubai and claimed he was successful businessman.

The local authorities published video on Twitter, documenting the four-month investigation that led to the arrests.

Topics You Might Like

fraud Instagram celebrity Raymond Igbalodely Hushpuppi online scam identity theft Nigerian instagram Instagram influencer arrested over $400m fraud News

Police say they discovered a hidden online fraud network that was committing crimes outside the UAE, including money-laundering, cyber fraud, hacking, criminal impersonation, banking fraud and identity theft.

The group is accused of hacking corporate emails and cloning websites to redirect payments to their own accounts.

The Dubai police has not yet said when they would be charged.

Source: BBC 

What’s your take on this story?

Share this story to keep your friends informed

Get Ahead of the News.
Stay in the know with real-time breaking news alerts, exclusive reports, and updates that matter to you.

Tap ‘Yes, Keep Me Updated’ and never miss what’s happening in Uganda and beyond—first and fast from NilePost.