New York:Following the extradition of Ghanaian businessman Isaac Oduro Boateng, known as Kofi Boat, new details have emerged regarding his involvement in a $100 million romance scam. Boateng, along with his co-conspirator Inusah Ahmed, has pleaded guilty to charges stemming from their participation in an international criminal organization that defrauded victims through romance scams and business email compromises.
According to Ghana Web, Kofi Boat pleaded guilty on October 29, 2026, while Inusah Ahmed, also known as Pascal, entered his guilty plea on October 27, 2026. Both individuals admitted to their roles in the scam, which involved conspiracy to commit wire fraud before U.S. District Judge Arun Subramanian. Kofi Boat is held responsible for defrauding victims of approximately $12.5 million, and Ahmed for about $28.5 million.
The U.S. Attorney’s Office for the Southern District of New York reported that both Boateng and Ahmed have agreed to restitution and forfeiture of the amounts they are deemed responsible for. Boateng will pay $12,529,213.98, while Ahmed will pay $28,574,002. The charges carry a maximum sentence of 20 years in prison.
Meanwhile, another co-defendant, Derrick Van Yeboah, has been sentenced to 85 months in prison, while Patrick Kwame Asare, also known as Borga, remains at large. The FBI's investigation into the scam began in June 2025, revealing that the fraud was carried out from 2016 to 2023 across the United States, including the Southern District of New York. The accused were involved in money laundering, wire fraud, and receiving stolen money, with communications indicating how they shared the stolen funds.
Source Ghana Web