Forbes magazine has said that Ramoni Abbas aka Hushpuppi is not included in their list of billionaires in the world.

This
was after it was realized that his fraudulent activities earned him and
his gang N168 billion after defrauding 1.9 million people.

“Forbes does not currently include Abbas on our list of the World’s Billionaires,” the magazine said.
An
interview the magazine had with Hushpuppi’s lawyer, Gal Pissetzky, sees
Hushpuppi declared innocent and that he got his wealth from Real
Estate.

“Absolutely not guilty of (the) charges they are accusing
him of,” adding, “(he) was running a legitimate business and a very
legitimate Instagram account and did not take part in any scam or
fraud”, Pissetzky said.

Asked
how Abbas paid for his lifestyle, Pissetzky said, “He’s an
entrepreneur. He has real estate involvement … (he’s) an Instagram
personality. He was promoting brands and that’s how he was very
legitimately making his money.”