FBI agent alleges HushPuppi caught in $400k fraud case while in US jail
FBI agent alleges HushPuppi caught in $400k fraud case while in US jail
An agent, who claims to be working under the Federal Bureau of Investigation of the national government of United States has alleged that Instagram celebrity Hushpuppi has received fresh charges as US prosecutors submitted court documents showing that he committed fraud and laundered over $400k while in prison.
The documents which were presented before the United States District Court of California on Wed 16th March 2022 showed fresh evidence indicting HushPuppi of committing fraud and money laundering in U.S Federal correctional facility.
The court documents stated that Hushpuppi, while in U.S Federal correctional facility, participated 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 support offered by the US government to U.S residents according to the CARES Act. One of the ways eligible US residents receive their Economic Impact Payments is by debit cards.
From the documents presented in court, it was found that hackers use data of U.S residents to file and obtain Economic Impact Payments debit cards. They sell off these EIP cards in underground marketplaces to other
