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 Waleâs 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.
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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 Waleâs millionaire close friend
Iâm a clean boy. You guys are tagging me with fraud because your favourites canât compare themselves to me. Itâs music money. If you donât know, come and letâs teach you. Itâs hard work and dedication
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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.
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The suspectsâKofi Boat, another individual known only as âAgony,â and a third unnamed accompliceâwere 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.
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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.
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