Hushpuppi’s Accomplice, Woodberry Is Charged With Conspiracy To Wire Fraud..Eyes 20 Years In Prison If Convicted

Hushpuppi’s Accomplice and business partner, Jacob Ponle, a.k.a Woodberry, 29, who was alleged to have orchestrated an international cyber fraud scheme targeting several U.S.-based companies has been charged in U.S. District Court in Chicago with conspiracy to commit wire fraud.

The schemes which did resulted in attempted or actual losses to victim companies in the tens of millions of dollars, including a Chicago-based company that was defrauded into sending wire transfers totaling $15.2 million, the complaint states.

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Hushpuppi Most Likely To Face 20 Years Imprisonment If Convicted, As Court Proceedings Begins

Ponle made an initial court appearance in the morning of Saturday in Chicago, same as his business partner, Hushpuppi. U.S. Magistrate Judge Jeffrey T. Gilbert set a detention hearing for July 9, 2020, at 4:00 p.m.In addition to the Chicago-based companies, other victims included companies based in Iowa, Kansas, Michigan, New York, and California, the complaint states.Conspiracy to commit wire fraud is punishable by up to 20 years in federal prison. If convicted, the Court must impose a reasonable sentence under federal sentencing statutes and the advisory U.S. Sentencing Guidelines.

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