Rapper G Herbo pleads guilty in credit card fraud, faces upto 25 years in prison

economictimes.indiatimes.com:

rapper G Herbo pleaded guilty Friday to his role in a scheme that used stolen credit card information to pay for a lavish lifestyle including private jets, exotic car rentals, a luxury vacation rental and even expensive designer puppies. Under a deal with prosecutors, the 27-year-old Chicago rapper, whose real name is Herbert Wright III, entered a guilty plea in federal court in Springfield, Massachusetts, to conspiracy to commit wire fraud and making false statements. In exchange, prosecutors dismissed several counts of aggravated identity theft. He also agreed to forfeit nearly $140,000, the amount he benefited from what prosecutors have said was a $1.5 million scheme that involved several other people. «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,» acting U.S. Attorney Joshua Levy said in a statement. Sentencing is scheduled for Nov. 7, and he faces a maximum of 25 years in prison. A voicemail seeking comment was left with his attorney.

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From at least March 2017 until November 2018, G Herbo and his promoter, Antonio Strong, used text messages, social media messages and emails to share account information taken from dark websites, authorities said. On one occasion, the stolen account information was used to pay for a chartered jet to fly the rapper and members of his entourage from Chicago to Austin, Texas, authorities said. On another, a stolen account was used to pay nearly $15,000 for Wright and seven others to stay several days in a six-bedroom Jamaican villa. In court documents, prosecutors said G