On August 8, 2025, the U.S. Attorney’s Office for the Southern District of New York announced the unsealing of a federal indictment against four Ghanaian nationals for stealing over $100 million from thousands of American victims by
- Assuming fake identities to deceive elderly victims into sending money to their “enterprise” or helping them launder funds from other victims.
- Compromising business email accounts to trick and deceive businesses into wiring funds to their “enterprise.”
- Laundering the stolen funds to West Africa, where they were funneled to the organization’s “chairmen.”
The scammers arrested were:
- Isaac Oduro “Kofi Boat” Boateng: a 36-year-old chairman
- Inusah “Pascal” Ahmed: a 40-year-old chairman
- Derrick van “Van” Yeboah: a 40-year-old
- Patrrick Kwame “Borgar” Asare: a 39-year-old who is still at large.
The scammers have been charged with:
- Wire Fraud
- Conspiracy to commit Wire Fraud
- Conspiracy to Launder Money
- Receipt of Stolen Money
- Conspiracy to receive stolen money
These charges, in total, carry a maximum possible sentence of 75 years in prison.