Woodberry, Ally Of Scammer Hushpuppi, Faces 14-Year Jail Term For $8 Million Fraud
Following his guilty plea, Woodberry agreed to surrender $8 million in proceeds from wire fraud, along with luxury cars and watches, to the authorities.
Woodberry, an associate of the infamous scammer Hushpuppi, is reportedly facing a potential 14-year prison sentence over his involvement in an $8 million fraud scheme.
According to sources, US Federal prosecutors presented their case to the judge on Thursday, urging a 14-year jail term for Woodberry for defrauding multiple US companies. News About Nigeria reports.
Both Hushpuppi and Woodberry had earlier pleaded guilty to one count out of the eight charges brought against them in a US court.
Following his guilty plea, Woodberry agreed to surrender $8 million in proceeds from wire fraud, along with luxury cars and watches, to the authorities.
The case against Woodberry and Hushpuppi gained international attention due to their extravagant lifestyles and alleged involvement in sophisticated online scams.
The duo was known for flaunting their ill-gotten wealth on social media, showcasing expensive cars, designer clothing, and luxury vacations.
Woodberry’s guilty plea and agreement to forfeit assets mark a significant development in the legal proceedings against him. The proposed 14-year sentence reflects the severity of the charges and the substantial financial losses incurred by the victims of the fraud.
“The government recommends that this court sentence the defendant to 168 months’ imprisonment, which is sufficient, but not greater than necessary, to comply with the purposes set forth in 18 U.S.C. § 3553(a),” the prosecutors said. “The government further recommends that the court order restitution and forfeiture as described above and impose a special assessment of $100.”
The court’s final decision on the sentence will be eagerly anticipated by both law enforcement agencies and the public.
It serves as a stark reminder that cyber crimes have far-reaching consequences and that perpetrators will be held accountable for their actions.