Ernest Ossei Boateng / Intercontinental Wealth Network LLC / I Wealth Network LP
Last changed 2026-10-27 · Re-researched — Re-researched in full by the investigator agent at a reader's request; the text was rewritten from new research. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -133 |
| Problems around it, caused by others | -2.5 |
| Long-running | +10 |
| Regulated | +5 |
| Sum | -55 |
- No established finding that it defrauded anyone, so it stays out of the red band (26 or above).
Score: 26/100 (kept between 0 and 100)
How scoring works →Summary
Ernest Ossei Boateng, a New Jersey man, and two companies he controls, Intercontinental Wealth Network LLC and I Wealth Network LP, were charged by the SEC in September 2026 with operating an alleged $16 million Ponzi scheme from January 2020 to March 2026 that primarily targeted Christians of Ghanaian heritage in New York and New Jersey. The SEC's civil complaint, filed in the Eastern District of New York, alleges Boateng promised guaranteed, low-risk fixed returns while misappropriating millions for personal use and using new investor funds to pay earlier investors. These are allegations in an active civil case; no court has yet ruled on their merits.
Connected Entities
2 entitiesTimeline(5 events)
January 2020
SEC alleges the Ponzi scheme began no later than this point, with Boateng soliciting and selling interests in an investment fund to investors.
SEC Litigation Release No. 26639March 2026
SEC alleges the scheme continued until at least this point.
SEC Litigation Release No. 2663910 September 2026
SEC filed its civil complaint against Ernest Ossei Boateng, Intercontinental Wealth Network LLC, and I Wealth Network LP in the U.S. District Court for the Eastern District of New York (Case No. 26-cv-5605).
SEC Litigation Release No. 26639September 2026
SEC published Litigation Release No. 26639 summarizing the complaint and charges.
SEC Litigation Release No. 26639Decision Log
- slot 455359771 · hash CVW7bLmzBVC6bDdTXsd5zhuF1GhySsitKxRD3EpUaWo6
- slot 446852533 · hash C7R3SpktYVbgASqRa5NPocxtuRzYA1Qzwpe6JG8NvxBx
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 0 of 6 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 9/14/2026, 1:35:52 AM
last updated: 10/27/2026, 12:34:36 AM
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