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The Fall of the Billionaire ‘Gucci Master’

The Fall of the Billionaire ‘Gucci Master’

Ramon Abbas perfected a simple internet scam that helped him launder millions of dollars, riches he shamelessly flaunted on Instagram. Better known as @hushpuppi, the young Nigerian became a fixture among the global elite as fashion houses showered him with gifts. But his fame would ultimately be his downfall.

On this episode of Bloomberg’s The Breakdown, we explore the rise and fall of one of the highest-profile purveyors of internet fraud, and how law enforcement in Dubai and the U.S. eventually caught up with him. His story is just one case in a massive cybercrime industry spanning the globe—one that shows no sign of slowing down.

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