Isaac Oduro Boateng, also known as Kofi Boat, is one of three people recently extradited to the US
Following the extradition of Ghanaian business mogul, Isaac Oduro Boateng, popularly known as Kofi Boat, for his alleged involvement in a $100 million romance scam, details of the report also indicate the number of years he may spend in jail.
On August 7, 2025, the Federal Bureau of Investigation (FBI) and the United States Department of Justice, in a report, announced the extradition of three Ghanaians, namely Kofi Boateng (Kofi Boat), Insuah Ahmed (Pascal), and Derrick Van Yeboah (Van) – alleged to be the kingpins of a notorious scam syndicate.
According to the document circulating online, released by Jay Clayton, the Attorney General’s Office of the Southern District of New York has charged the business mogul with five separate counts, which include wire fraud conspiracy, money laundering, receiving stolen money, and two other charges.
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Details of the document, sighted by GhanaWeb, have also indicated that Kofi Boat, 36 years old, along with the other two alleged kingpins, could face a possible sentence of 20 years in jail if found guilty.
“One count of wire fraud conspiracy, which carries a maximum sentence of 20 years in prison; one count of wire fraud, which carries a maximum sentence of 20 years in prison.
“One count of money laundering conspiracy, which carries a maximum sentence of 20 years in prison; one count of conspiracy to receive stolen money, which carries a maximum sentence of five years in prison; and one count of receipt of stolen money, which carries a maximum sentence of 10 years in prison,” it reads.
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Jay Claton, in the report, added that the maximum sentence will be determined by a sitting judge.
“The maximum potential sentences in this case are prescribed by Congress and provided here for informational purposes only, as any sentencing of the defendants will be determined by a judge,” It added.
Background
In June 2025, the FBI announced its investigation into Kofi Boat’s business enterprise and its decision to extradite him for an alleged $100 million romance scam, money laundering, and other crimes.
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According to a recent FBI report, the suspects started defrauding their victims across the United States, including in the Southern District of New York, from 2016 to sometime in May 2023.
The institution indicated that Kofi Boat, Pascal, Van, Borgar, and their collaborators “wilfully and knowingly combined, conspired, confederated, and agreed together and with each other” to commit the crimes they have been accused of, including money laundering, wire fraud, and receiving stolen money.
The document from the FBI also contained correspondence between the accused persons, which showed how they shared some of the money they had allegedly stolen from their victims.
JHM/EB
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