How much money are you willing to spend on designer outfits, luxury cars, A-list friends, and a social media feed curated with the trappings of indelible, gaudy wealth? A few hundred thousand dollars? Or how about 11 years in prison and $1,732,841 in restitution?

That is the sentence that Ramon Abbas, better known as "Billionaire Gucci Master" or @hushpuppi on Instagram, received after pleading guilty to conspiracy to engage in money laundering. Before his 2020 arrest in Dubai, he had more than 2 million Instagram followers, The Guardian reported.

Prime Day deals you can shop right now

Products available for purchase here through affiliate links are selected by our merchandising team. If you buy something through links on our site, Mashable may earn an affiliate commission.

• iRobot Roomba Combo i3+ Self-Emptying Robot Vacuum and Mop—$329.99(List Price $599.99)

• Samsung Galaxy Tab A9+ 10.9" 64GB Wi-Fi Tablet—$178.99(List Price $219.99)

• Apple AirPods Pro 2nd Gen With MagSafe USB-C Charging Case—$199.00(List Price $249.00)

• Eero 6 Dual-Band Mesh Wi-Fi 6 System (Router + 2 Extenders)—$149.99(List Price $199.99)

• Apple Watch Series 9 (GPS, 41mm, Midnight, S/M, Sports Band)—$299.00(List Price $399.00)

SEE ALSO:An elaborate Instagram hoax is scamming influencers after luring them to Indonesia

Don Alway, the assistant director in charge of the FBI’s Los Angeles office, said in a statementthat Abbas was "one of the most prolific money launderers in the world."

Mashable Light SpeedWant more out-of-this world tech, space and science stories?Sign up for Mashable's weekly Light Speed newsletter.By signing up you agree to our Terms of Use and Privacy Policy.Thanks for signing up!

"Abbas leveraged his social media platforms – where he amassed a considerable following – to gain notoriety and to brag about the immense wealth he acquired by conducting business email compromise scams, online bank heists and other cyber-enabled fraud that financially ruined scores of victims and provided assistance to the North Korean regime," Alway said. "This significant sentence is the result of years' worth of collaboration among law enforcement in multiple countries and should send a clear warning to international fraudsters that the FBI will seek justice for victims, regardless of whether criminals operate within or outside United States borders."

Tweet may have been deleted

Abbas, who is Nigerian, wasn't particularly picky when it came to money laundering. He worked with a Canadian man, according to prosecutors, to predominately launder money using bank cyber-heists and business email compromise. In 2019, he helped launder more than $14 million stolen by North Korean hackers from a bank in Malta. He also helped launder millions of dollars stolen from a British company, a UK football club, a New York-based law firm, and someone in Qatar who wanted a loan to build a school.

---

Related Stories

---

• Former MoviePass executives indicted for fraud, "attempted scam"
• How fraudulent DMCA takedowns censored a prominent cryptocurrency critic on Substack
• Microsoft warns of dangers from toll fraud malware on Android devices
• QAnon influencers are now reportedly defrauding their followers via cryptocurrency scams
• Stephen Colbert reacts to the world's biggest potato actually being a fraud

According to VICE News, just a year before his capture, Abbas posted the words: "My story is filled with broken pieces, bad decisions and some ugly truths. But it is also filled with a major comeback." He will be deported to Nigeria after he serves his sentence.

TopicsInstagramMoney