{"id":69172,"date":"2023-04-13T19:18:28","date_gmt":"2023-04-13T15:18:28","guid":{"rendered":"https:\/\/lovin.co\/dubai\/en\/?p=69172"},"modified":"2023-04-13T19:22:01","modified_gmt":"2023-04-13T15:22:01","slug":"hushpuppis-woodberry-guilty-dubai-assets","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/latest\/hushpuppis-woodberry-guilty-dubai-assets\/","title":{"rendered":"Hushpuppi’s Associate Woodberry Pleaded Guilty And Waived The Rights Of His Dubai Assets"},"content":{"rendered":"

One of the most notorious fraudsters, Olalekan Jacob Ponle, aka Mr Woodberry, a well-known associate of Hushpuppi, has pleaded guilty to a fraud charge at a United States district court. Initially, he pleaded not guilty to 8 counts of fraud. <\/span>Mr Woodberry is accused of engaging in a business email compromise (BEC) scheme, where he fraudulently received $8 million from 7 companies.<\/p>\n

As per his plea agreement, Woodberry agreed to repay USD8 million he fraudulently received from 7 companies he scammed and waive the rights to his Dubai assets<\/span><\/h2>\n

He was also asked to waive his rights to the luxury cars, and designer watches he had stashed in Dubai, including a Rolls Royce Cullinan, Lamborghini Urus, 4 Rolex watches, three gold and diamond-studded earrings, and six gold neck chains to name a few.<\/span><\/p>\n

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Popular socialite & Hushpuppi’s associate Woodberry has pleaded guilty to Internet fraud. He has also agreed to return $8m to victims and forfeiture of his Dubai assets. pic.twitter.com\/O7l57deMqj<\/a><\/p>\n

\u2014 Dami\u2019 Adenuga (@DAMIADENUGA) April 13, 2023<\/a><\/p>\n<\/blockquote>\n