The Accra Circuit Court Nine has granted bail of GH₵5 million with four sureties to Benjamin Appiah Boateng, a forex trader accused of fraud and theft.
Presiding Judge Mr. Samuel Bright Acquah stipulated that one surety must be justified and ordered Boateng to surrender his travel documents to the court registry. The case is set to resume on February 5, 2025.
Boateng is alleged to have defrauded Mr. Berry Kwadwo Agyapong and Mr. David Burke of USD300,000 and GH₵10,445,000 respectively through fraudulent online investments in USDT on the Binance cryptocurrency platform.
Police Chief Inspector Jonas Lawyer reported that Boateng obtained the funds from the complainants under the guise of investing them in cryptocurrency. Agyapong, a business consultant, had already invested USD300,000 before introducing Boateng to Burke, a businessman.
Trusting Agyapong's recommendation, Burke initially invested GH₵555,000, later adding GH₵9,890,000 to increase his stake. Boateng assured both men that their investments were profitable and dividends were being paid.
However, on December 14, 2024, when Burke attempted to withdraw his investment and dividends, Boateng became unresponsive. Concerned, Burke reached out to Agyapong, who also failed to contact Boateng.
Boateng eventually sent a WhatsApp voice message and a purported suicide note, claiming he had lost all the investments due to online gambling on the platform "Stake."
The complainants subsequently reported the matter to the police, resulting in Boateng’s arrest. During questioning, he confessed to the offenses.
Comments
Post a Comment
Great heads-up