U.S. Securities and Exchange Commission · External Intelligence
SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
- Source
- U.S. Securities and Exchange Commission
- Published
- 10 September 2026
- Journal
- Investment Scams
- Jurisdiction
- United States
Lynx Summary
The SEC brought charges against Ernest Ossei Boateng and two companies he controls in New Jersey over an alleged Ponzi scheme. The companies, I Wealth Network LP and Intercontinental Wealth Network LLC, allegedly raised about $16 million.
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