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sec.gov > newsroom > press-releases > 2026-86-sec-charges-founder-his-two-new-jersey-based-companies-alleged-16-million-ponzi-scheme

SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme

4+ day, 23+ min ago   (369+ words) The Securities and Exchange Commission today 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 $16 million from more than 200… Official websites use.gov Secure.gov…...