Dada Joe is a Ghanaian business mogul
Following the alleged arrest of Ghanaian business mogul Joseph Boateng, popularly known as Dada Joe, by the FBI, new details have emerged.
On May 27, 2025, social media reports claimed that Dada Joe had been picked up by the Federal Bureau of Investigation (FBI) in connection with suspected fraudulent activities.
In the aftermath of his arrest, Showboy stated that the FBI had been investigating Dada Joe as far back as 2017/2018.
He further alleged that the authorities had been unable to arrest him earlier because he was being protected by the then-ruling New Patriotic Party (NPP) government.
“He was wanted by the Feds since 2017/2018… The NPP government protected him… He paid a lot of money to keep himself in Ghana, yet he didn’t stop showing off. He took the world into his own hands and kept abusing the power of the universe.
“It’s a spiritual punishment, and he has to endure it alone. Don’t cry for anybody who shed blood and used bad voodoo to ruin others’ lives!” he said.
In a new development, excerpts from documents circulating on social media regarding Dada Joe’s arrest indicate that the business mogul is accused of defrauding individuals of approximately $2.9 million.
The documents also reveal that individuals who allegedly worked with Dada Joe confirmed that the bank accounts used for the wire transfers were in his name.
“A review of Boateng’s bank account records received from EOCO reflects that Boateng used a phone number linked to him in this scheme.
“These bank account records also show that between May 2016 and May 2018, Boateng received wire transfers totalling approximately $2.9 million.
These transfers all came directly from known fraud suspects or admitted co-conspirators,” the document states.
Also,, documents sighted by GhanaWeb indicate that Dada Joe faces two charges:
Conspiracy to commit wire fraud, in violation of Title 18 of the United States Code, the maximum penalty for this offense is 20 years in prison.
Conspiracy to commit money laundering, this offense also carries a maximum penalty of 20 years in prison.
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Meanwhile, watch as victims of June 3 disaster decry 10 years of neglect by the state: