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SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
◉ U.S. SEC · PRESS RELEASE · IF-E6F766

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

⌖ WASHINGTON, D.C.⏱ ✓ ORIGINAL · sec.gov/newsroom/press-releases/2…SHA-256 C48D92E7·3DD70045

WASHINGTON, D.C. — 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…

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FILE
IF-E6F766
AUTHORITY
U.S. Securities and Exchange Commission
TYPE
Press Release
PUBLISHED
10 September 2026 · 17:45 UTC
FIRST SEEN
27 October 2026 · 10:03 UTC
ORIGINAL
https://www.sec.gov/newsroom/press-releases/2026-86-sec-charges-founder-his-two-new-jersey-based-companies-alleged-16-million-ponzi-scheme
SHA-256
c48d92e73dd70045ad5c3a493fac105a08004a430d743921f27d60bc1c341788

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This is a public record published by the U.S. Securities and Exchange Commission. Announcements of charges describe allegations; everyone is presumed innocent unless and until proven guilty in court. Named in this record? Send your reply and we publish it here.

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