How Hushpuppi, others might have Stolen €13 Million from a Maltese Bank
Last year Bank of Valletta was robbed of €13 million in an unprecedented cyber-heist and Hushpuppi could have been behind it all.
Ramon Olorunwa Abbas, known to his 2.5 million-strong Instagram followers as “Hushpuppi”, was kidnapped from his Dubai apartment last week in a joint effort with the FBI and Dubai Police.
.@DubaiPoliceHQ take down “Hushpuppi”, “Woodberry”, ten international cybercriminals in a special operation dubbed “Fox Hunt 2” pic.twitter.com/SGwhxDWrE8
— Dubai Media Office (@DXBMediaOffice) June 25, 2020
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A few days later, Hushpuppi along with his accomplice Olalekan Jacob Ponle aka “Mr Woodberry” appeared in a Chicago courtroom where they’ll face a lengthy trial for money laundering in American courts.
And in a surprising twist of events, an affidavit claims that Hushpuppi stole $14.7m or €13m from a foreign financial institution in a major cyber-heist in February last year…
… the same amount that coincidentally was stolen from BOV that same month.
While three men from the UK have been arrested in relation to the cyber-heist, it became clear that a transnational network of cybercriminals orchestrated the attack on BOV with Hushpuppi and Mr Woodbery forming an integral part of it.
BOV never relocated the €13m that went missing.
