Ghanaian Fraud Ring Member Pleads Guilty to $100 Million Scam

First reported

06.03.2026 12:08

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Derrick Van Yeboah, a Ghanaian national, pleaded guilty to his role in a fraud ring that stole over $100 million from U.S. victims through business email compromise (BEC) attacks and romance scams. The operation, active from 2016 to May 2023, involved multiple accomplices and targeted vulnerable individuals and businesses. Van Yeboah, a high-ranking member, is set to pay over $10 million in restitution and faces up to 20 years in prison.

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06.03.2026 12:08 1 articles · 12h ago

Ghanaian Fraud Ring Member Pleads Guilty to $100 Million Scam
Derrick Van Yeboah pleaded guilty to his role in a fraud ring that stole over $100 million from U.S. victims through romance scams and business email compromise attacks. The operation, active from 2016 to May 2023, involved multiple accomplices and targeted vulnerable individuals and businesses. Van Yeboah is set to pay over $10 million in restitution and faces up to 20 years in prison.
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Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08
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Van Yeboah pleaded guilty to conspiracy to commit wire fraud and agreed to pay $10 million in restitution.
First reported: 06.03.2026 12:08

1 source, 1 article
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- Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08
The fraud ring operated from Ghana and targeted U.S. victims through romance scams and BEC attacks.
First reported: 06.03.2026 12:08

1 source, 1 article
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- Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08
Van Yeboah and other accomplices, including Isaac Oduro Boateng, Inusah Ahmed, and Patrick Kwame Asare, were extradited to the U.S. in August 2025.
First reported: 06.03.2026 12:08

1 source, 1 article
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- Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08
The scammers, known as 'game boys' or 'sakawa boys,' exploited vulnerable individuals and businesses, stealing over $100 million.
First reported: 06.03.2026 12:08

1 source, 1 article
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- Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08
Van Yeboah is scheduled to be sentenced on June 3, 2026, and faces up to 20 years in prison.
First reported: 06.03.2026 12:08

1 source, 1 article
Show sources
- Ghanain man pleads guilty to role in $100 million fraud ring — www.bleepingcomputer.com — 06.03.2026 12:08