G Herbo has been directed to make restitution payments of $140,000 to the supposed victims of his $1.5 million fraud scheme.
The rapper, real name Herber Wright, reportedly pleaded guilty to “one count of conspiracy to commit wire fraud and one count of making a false statement to federal officials” during his appearance in a Massachusetts court on Friday, July 28.
According to the Chicago Tribune, Herbo admitted to participating in a scheme that funded his lavish lifestyle, covering expenses like five-star hotels, private jets, exotic puppy transportation, and a villa purchase.
In 2020, charges were filed against Herbo and his crew, and in 2021, an additional charge of providing false information to federal officials was added.
Herbo is facing up to 20 years, but he is expected to receive a two to three-year prison term on November 7.
“Mr. Wright used stolen account information as his very own unlimited funding source, using victims’ payment cards to finance an extravagant lifestyle and advance his career,” U.S. attorney Joshua S. Levy said in a statement.
“Mr. Wright’s conduct affected countless businesses and individuals across the United States who had to foot his nearly $140,000 bill in unauthorized transactions. Mr. Wright flaunted his lavish spending on social media, in music videos, and in industry news.”
He continued: “This office and our law enforcement partners are committed to ensuring that individuals and businesses are protected against fraudsters. This case should serve as a reminder that if you break the law, you will be prosecuted and held accountable – regardless of who you are.”
Herbo and five others were charged with making false payments of up to $1.5 million for goods and services using stolen identities.
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