- Kofi Boat has successfully been extradited to the US following his arrest in Ghana for alleged financial crimes
- The embattled businessman and his alleged accomplices have been officially indicted and are set to go on trial
- Kofi Boat and his alleged accomplices are facing severe penalties for many charges hanging over them
Ghanaian businessman Isaac Kofi Oduro Boateng, popularly known as Kofi Boat, has been extradited to the US after his arrest by Interpol and the US Federal Bureau of Investigation (FBI) in a joint operation on Friday, June 13, 2025.
Source: Facebook
In a press release on Friday, August 8, 2025, the Federal Bureau of Investigations (FBI) and the US Department of Justice (DOJ) announced that Kofi Boat and two alleged accomplices were extradited to the US on Thursday, August 7, 2025 and were set to appear before US Magistrate Judge Robert W. Lehrburger in New York.
The US authorities also confirmed that they had indicted the businessman and his three alleged accomplices, Inusah Ahmed, Derrick Van Yeboah and Patrick Kwame Asare, for their involvement in the alleged financial crimes.
Patrick Kwame Asare, who evaded capture, is still on the run from the security agencies.
Each defendant is facing charges such as wire fraud, conspiracy to commit money laundering, and receipt of stolen funds. These charges carry maximum penalties of up to 20 years in federal prison per major offences.
Read more about Kofi Boat’s extradition to the US in the social media post below:
Kofi Boat and his alleged accomplices’ arrest
Kofi Boat was arrested in a joint operation between Interpol and the US Federal Bureau of Investigation (FBI) on Friday, June 13, 2025, for his alleged involvement in a $100 million fraud scheme.
His alleged accomplices, Inusah Ahmed and Derrick Van Yeboah, were also arrested in connection with the alleged crimes, while the third suspect, Patrick Kwame Asare, went into hiding from the authorities.
Kofi Boat, the alleged ringleader, and his accomplices have been accused by the Federal Bureau of Investigation of making about $100 million through elaborate romance scams and business email compromises (BECs) dating back to at least 2016.
Source: Instagram
According to authorities, the individuals targeted elderly Americans and U.S. companies, tricking them into transferring money to accounts tied to the criminal enterprise.
Their arrest was facilitated by the Minister of Interior, Honourable Alhaji Mohammed Mubarak Muntaka, who signed an arrest warrant to authorise their detentions on March 18, 2025.
The embattled businessman and his alleged co-conspirators were placed in the custody of the National Investigations Bureau and made several court appearances for their extradition case hearings.
Throughout his legal battle, Kofi Boat has maintained his innocence and denied involvement in the alleged financial crimes.
His lawyers have also challenged the widely reported $100 million figure, stating the actual amount involved was closer to $300k, which he earned through genuine business transactions.
EOCO confiscates Shatta Wale’s Lamborghini
In another story reported by YEN.com.gh, EOCO confiscated Shatta Wale’s Lamborghini Urus, which was reportedly linked to an FBI investigation in the US.
In a press release, the security agency detailed how they were able to seize the dancehall musician’s car at the FBI’s 2023 request.
EOCO’s press release was also a response to some allegations Shatta Wale made against the agency.
Source: YEN.com.gh
