This archive report was first published on 4 July 2020.
Published on July 4, 2020, Dubai police have made a significant breakthrough in their efforts to combat cybercrime, foiling a massive scam targeting a Premier League club.
According to the Federal Bureau of Investigation (FBI), Hushpuppi and his gang attempted to defraud the club of KSh 13 billion, with the alleged mastermind facing charges of conspiracy to commit money laundering.
As part of the operation dubbed 'Fox Hunt 2,' Dubai police arrested 12 suspects, including Hushpuppi, in six simultaneous raids carried out by the e-police unit of the Dubai Police.
The gang was responsible for Dh1.6 billion (about N169 billion) fraud involving over 1.9 million victims, with items worth N15.845 billion (Dh 150 million) seized during the operation.
Special Agent Andre Innocenti, in charge of the Los Angeles Filed Office High-tech Organise Crime Squad, revealed that Hushpuppi and his gang conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions.
As per the affidavit, Hushpuppi and his gang attempted to steal £100 million (approximately $124 million) from an English Premier League soccer club.
With the FBI warning that Hushpuppi risks spending 20 years in jail if convicted, the Dubai Police General HQ has been commended by the FBI director, Christopher Wray, for their concerted efforts in arresting alleged fraudsters.
