Nigerian Serial Fraudster, Hushpuppi Pleads Guilty To Money Laundering Charge, May Spend Up To 20 Years In Jail

Nigerian Serial Fraudster, Hushpuppi Pleads Guilty To Money Laundering Charge, May Spend Up To 20 Years In Jail

Nigerian serial fraudster, Ramon Abass, popularly known as Hushpuppi, has agreed to plead guilty to the money laundering charge against him. Hushpuppi, who is known for his luxury lifestyle, was arrested in the UAE in June 2020 alongside 11 of his associates over allegations bordering on hacking, impersonation, scamming, banking fraud, and identity theft. The…

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Ato Bentsi-Enchill is helping African startups raise money and protecting them from difficult investors

Ato Bentsi-Enchill is helping African startups raise money and protecting them from difficult investors

To understand how Ato Bentsi-Enchill started investing in startups, let’s rewind to 2014.  He was a first-year liberal art major at Hobart and William Smith Colleges who won the school’s flagship business plan competition. The business idea was RevisionPrep, an online educational service that combined exam preparation with gaming programs for students in Ghana. It…

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Two dozen helpers arrested over money laundering

Two dozen helpers arrested over money laundering

Police said on Wednesday that they had arrested 29 people, including 24 foreign domestic workers, in connection with a suspected HK$27 million money laundering scheme. The force said a syndicate used 35 bank accounts belonging to helpers to launder money obtained via 20 romance scams in the past year. The police’s financial intelligence and investigation…

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