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Ghanaian dancehall star Shatta Wale has broken his silence following reports linking him to an alleged $100 million fraud case involving his godfather, Isaac Kofi Oduro Boateng, popularly known as Kofi Boat.
Kofi Boat, reportedly a key financier of Shatta Wale’s luxurious lifestyle, was arrested by the FBI alongside two other Ghanaian nationals and is facing extradition to the United States. The allegations have ignited widespread speculation online, with many questioning the possible implications for the celebrated musician.
READ MORE: Shatta Wale's close friend Kofi Boat, others nabbed by FBI in $100m US romance scam
In response, Shatta Wale released a video addressing the claims, firmly rejecting any association with fraudulent activities. He insisted that his wealth and success stem solely from his musical career.
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Who is Kofi Boat? All you need to know about Shatta Wale’s millionaire close friend
I’m a clean boy. You guys are tagging me with fraud because your favourites can’t compare themselves to me. It’s music money. If you don’t know, come and let’s teach you. It’s hard work and dedication
READ ALSO: FBI finally charges Dada Joe Remix and other Ghanaians in romance fraud scheme
Background
The unfolding case involves three Ghanaian suspects accused of orchestrating a complex cybercrime operation involving Business Email Compromise (BEC) and romance scams, which reportedly defrauded victims and businesses in the United States of approximately $100 million.
READ ALSO: 6 Ghanaian celebrities who served jail sentences for various reasons
The suspects—Kofi Boat, another individual known only as “Agony,” and a third unnamed accomplice—were apprehended on Friday, 13th June 2025, in a joint operation led by Interpol and the US Federal Bureau of Investigation (FBI). A fourth suspect is said to be on the run.
The United States has formally requested their extradition via the US Embassy in Accra. The suspects were indicted in May 2023 by the US District Court for the Southern District of New York on charges of conspiracy to commit wire fraud and money laundering in connection with a transnational criminal network believed to be operating from Ghana.
READ ALSO: 2 Ghanaians sentenced to U.S. prison for romance fraud, ordered to pay $581K each