The government of Malta have reasons to believe disgraced Social Media personality arrested recently in Dubai, Hushpuppi, is responsible for a cyber attack on Bank of Valletta (BOV) in Malta.
Back in February, BOV reported a cyber attack during which the sum of €13 million was carried out of the bank through false international transactions.
According to the FBI criminal complaint against Hushpuppi, he conspired to “launder funds intended to be stolen through fraudulent wire transfers from a foreign financial institution, in which fraudulent wire transfers, totalling approximately €13 million were sent to bank accounts around the world in February 2019.”
The FBI said Abbas’s co-conspirator conspired with the persons who initiated the fraudulent wire transfers, to launder the funds that were intended to be stolen. Abbas specifically provided the co-conspirator with two bank accounts in Europe that Abbas anticipated would each receive €5 million of the fraudulently obtained funds.
“Based on information from FBI agents investigating the cyber-heist from the Foreign Financial Institution, I know that, on February 12, 2019, the Foreign Financial Institution suffered a computer intrusion and cyber-heist in which approximately €13 million (approximately $14.7 million) was fraudulently wired from the Foreign Financial Institution to bank accounts in multiple countries,” the co-conspirator told the FBI.
According to the FBI’s investigation, in a message on 16 January, 2019, the co-conspirator contacted Abbas for these two bank accounts, which he said would be from the country in which the bank is located.
The “hit” was said to be planned for 12 February. Abbas sent him a Romanian bank account he used for larger amounts.