Following the arrest of Ghanaian businessman Kofi Boateng, popularly known as Kofi Boat, over an alleged $100 million money laundering and romance scam, new developments have emerged.
As previously reported on June 13, 2025, Kofi Boat, a man identified only as “Agony,” and a third accomplice were arrested in a joint operation between Interpol and the U.S. Federal Bureau of Investigation (FBI) for their alleged involvement in a large-scale fraud scheme.
In a recent update, Kofi Boat appeared before an Accra Magistrate Court on June 26, 2025, where his legal team requested a 14-day grace period to gather relevant documents in preparation for his extradition proceedings.
According to reports, Kofi Boat’s lawyers argued that he operates a frozen foods business, and the additional time would allow him to compile key business records that could be critical to his defence in the United States.
However, the court granted only 10 days, following a submission by Deputy Attorney General Justice Srem-Sai, who petitioned the court to reduce the initial 14-day request.
During the proceedings, Kofi Boat also asserted that his company operates over 13 branches across Ghana, and he maintained that all allegations levelled against him are false.
His lawyers further disputed the widely reported figure of $100 million, describing it as false. According to them, the actual amount in question is approximately $300,000, which they claim was transferred through legitimate business dealings involving his frozen foods enterprise.
Kofi Boat is currently in the custody of the National Investigations Bureau (NIB), while his wife is reportedly assisting with the preparation of business documents ahead of his anticipated extradition.
Background
Three Ghanaians are currently facing extradition to the United States in connection with a $100 million fraud scheme involving Business Email Compromise (BEC) and romance scams.
The suspects; Isaac Kofi Oduro Boateng ( Kofi Boat), a man identified as Agony, and a third unnamed accomplice, were arrested on June 13 in a joint Interpol-FBI operation.
The extradition request was issued by the U.S. Department of State and relayed through the U.S. Embassy in Accra.
It follows a May 2023 indictment by the U.S. District Court for the Southern District of New York, which charged the suspects with conspiracy to commit wire fraud and money laundering related to a criminal enterprise based in Ghana.
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