SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
September 15, 2026
September 15, 2026
WASHINGTON, Sept. 15 -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. Ernest Ossei Boateng, et al., No. 26-cv-5605 (E.D.N.Y. filed Sept. 10, 2026)
On September 10, 2026, the Securities and Exchange Commission charged Ernest Ossei Boateng and two New Jersey-based companies he controls, Intercontinental Wealth Network LLC and I Wealth Network LP, for allegedly raising approximately . . .
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Securities and Exchange Commission v. Ernest Ossei Boateng, et al., No. 26-cv-5605 (E.D.N.Y. filed Sept. 10, 2026)
On September 10, 2026, the Securities and Exchange Commission charged Ernest Ossei Boateng and two New Jersey-based companies he controls, Intercontinental Wealth Network LLC and I Wealth Network LP, for allegedly raising approximately . . .