Following reports that Ghanaian business mogul, Joseph Boateng, popularly known as Dada Joe, has been arrested for defrauding individuals of approximately $2.9 million, new details have emerged from his arrest.
On May 27, 2025, social media reports claimed that Dada Joe had been arrested by the Federal Bureau of Investigation (FBI) in connection with suspected fraudulent activities.
In the aftermath of his arrest, several people close to the businessman, including his cousin, Showboy, and best friend have gone to social media to detail the reason for his arrest.
Dada Joe’s best friend, Big Baby T, has admonished people, through a series of posts, to desist from making a mockery of Dada Joe’s arrest.
“I find it interesting how folks are excited and busily spreading news about the mishap that has befallen our brother, and yet these same people failed to put the same keenness and enthusiasm in reporting or sharing his philanthropic contributions,” he said.
Big Baby T also noted that people spreading false news about the business mogul’s arrest would pay for their actions.
“It says a lot about us as a people. If you’re ready to spread falsehood, be ready to pay punitive damages… For those creating animosity, I never respond to hate! I respond only to love. I haven’t addressed the elephant in the room because our brother will address it in due time,” he added.
Meanwhile, an FBI document sighted by GhanaWeb regarding Dada Joe’s arrest indicates that the business mogul might spend not less than 20 years in prison based on the charges levelled against him should he be convicted.
In the documents, Dada Joe is accused of conspiracy to commit money laundering, which has a maximum penalty of 20 years in prison.
He has also been slapped with conspiracy to commit wire fraud in violation of Title 18 of the United States Code, which also has a maximum penalty of 20 years in prison.
JHM/AE
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