SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division

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

Martin Smith September 10, 2026, 7:44 PM

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… Source link

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Martin Smith

Smith is the Editor-in-Chief of USPress.News, STLPress.News, STL.News, St. Louis Restaurant Review, and STL.Directory. He also designs and develops a growing network of news and media websites that automatically aggregate thousands of press releases and news updates each day through RSS feeds for publication and syndication across the network.

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