In a $100 million scam case, Kofi Boat requests more time for extradition paperwork.
Ghanaian businessman Isaac Kofi Oduro Boateng, popularly known as Kofi Boat, was arrested on June 13, 2025, but he returned to court on June 26 at an Accra Magistrate’s Court. In order to gather necessary documents in advance of extradition proceedings to the United States, his legal team asked for a 14-day extension.
However, only ten days were allotted after Justice Srem-Sai, the Deputy Attorney General, made submissions.
Kofi Boat insisted throughout the hearing that he runs a genuine frozen-foods company with more than 13 locations throughout Ghana. He flatly rejected all claims of fraud. Additionally, his attorneys contested the widely circulated $100 million figure, arguing that the actual sum is more like $300,000, which was obtained through legitimate means.
The National Investigations Bureau (NIB) is still holding Kofi Boat. According to reports, his wife is helping to prepare business documents that will be used in his defense.
The US has accused three Ghanaian nationals, Kofi Boat, a man known as “Agony,” and a third unidentified suspect of masterminding a $100 million romance scheme and money-laundering scheme. This case is part of a larger criminal investigation.
The arrest and request for extradition come after the suspects were charged with conspiracy to commit wire fraud and money laundering through a Business Email Compromise (BEC) scheme in an indictment issued by the US District Court for the Southern District of New York in May 2023.
