Ramon Abbas was sentenced to 135 months in prison for money Laundering and Fraud.
Abbas, who is also known as Hushpuppi, used to flaunt his lifestyle on social media.
Abbas has been in federal custody for over a year.
The US Attorney's Office for the Central District of California said in a statement on Monday that Ramon Abbas, also known as "Hushpuppi", had been sentenced to 135 months in federal prison.
According to the statement, Abbas was ordered to pay back money to two fraud victims. He was taken into federal custody in June 2020 after he was deported from the U.A.
According to the statement, Abbas and a co-conspirator laundered $14.7 million that North Korean hackers stole from a bank in Maltese.
According to the statement, Abbas was involved in a scheme to cheat a businessman in Qatar out of millions of dollars.
After duping the victim into transferring $330,000 over to facilitate the loan, Abbas used the money to fund his lavish lifestyle, including purchasing a $230,000 Richard Mille watch that "made numerous appearances on Abbas' wrist" on his now-absence social media account," according to the statement
Abbas regaled his followers with pictures of himself in designer clothes and posing with private jets.
According to an FBI affidavit filed in June 2020, his social-media posts caught the attention of investigators and they used them to charge him.
Abbas is one of the leaders of a global network that targets victims around the world in schemes designed to steal hundreds of millions of dollars.
Abbas' father was a taxi driver, according to a Nigerian driver who knew Abbas as a child. Seye said that Abbas became involved in cybercrime as a "Yahoo boy" as he grew older.
John O. Iweanoge, II did not respond to Insider's request for comment.
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