Ghanaian businessman and socialite Isaac Kofi Oduro Boateng, widely known as Kofi Boat and a close associate of dancehall artiste Shatta Wale, has been arrested in Ghana in connection with an alleged $100 million fraud scheme.
The arrest, which took place on Friday, June 13, 2025, was carried out through a coordinated operation involving the FBI and Interpol, with two additional suspects also taken into custody.
According to preliminary reports, the suspects are facing serious charges, including conspiracy to commit wire fraud and money laundering. The alleged criminal activities, which occurred between 2016 and 2023, centered around Business Email Compromise (BEC) and romance scams—two schemes that reportedly targeted both corporate entities and elderly individuals across the United States.
U.S. prosecutors allege that the syndicate impersonated corporate executives through fake emails, deceiving employees into transferring large sums of money to fraudulent accounts. In parallel, the group is said to have manipulated online dating platforms to exploit vulnerable older Americans, coaxing them into sending funds under false pretenses.
Law enforcement agencies have confirmed that investigations are still ongoing, with additional leads being pursued. More details are expected to emerge as the case develops.
Story By: Afia Ohenewaa Akyerem