G Herbo has been ordered to pay back the alleged victims of his $1.5 million fraud scheme $140,000 in restitution checks.
According to the XXL, Herbo — born Herber Wright — appeared in a Massachusetts court on Friday (July 28) where he plead guilty to “one count of conspiracy to commit wire fraud and one count of making a false statement to federal officials.”
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Herbo admitted to being part of a scheme that funded a lavish lifestyle to book five-star hotels, private jets and move exotic puppies, as well as purchase a villa, per the Chicago Tribune.
The charges came down on Herbo and his crew in 2020 and an additional charge of lying to the feds was added in 2021.
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The Chicago rapper faces up to 20 years behind bars but is reportedly expected to receive a two to three-year bid when he’s sentenced 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.
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“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 accused of using stolen identities to make up to $1.5 million in fraudulent charges for goods and services, including private jet trips, a personal chef, a vacation at a Jamaican villa and puppies from a business in Michigan.
He denied wrongdoing at the time he was charged and also referenced the allegations on a song called “Statement” which was released in December 2020.
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The charges claimed G Herbo lied to a federal agent in November 2018 about his relationship with promoter Antonio Strong, who was the alleged mastermind behind the identity theft scheme.
As for his Chicago gun case, G Herbo was arrested on July 9 after police officers discovered a Glock 33 in his vehicle during a traffic stop, which stemmed from him failing to display a turn signal.
The “PTSD” rhymer was charged with unlawful use of a weapon in a public place and bonded out of jail soon after. He is due to return to court at a later date.