Hushpuppi Commits Fresh $400k Fraud From Inside Us Prison
Popular Instagram celebrity Hushpuppi has received fresh charges as US prosecutors submit court documents showing how he committed fraud and laundered over $400k from behind bars.
US prosecutors presented documents before the United States District Court of California on Wed 16th March 2022 with 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 cyber criminals.