Dancehall musician Shatta Wale has firmly stated that his music is his only source of wealth and not fraud.

His comment comes in response to a section of Ghanaians associating him with fraud following the arrest of one of his close associates known as Isaac Kofi Oduro Boateng, also known as Kofi Boat.

“You people are watching my life, and anytime there is an issue in Ghana, you like to drag me into it."

“You guys are making a mistake with my name. I am a very clean boy. Just because your artiste, your industry favourite, cannot pull the kind of things I can pull, you assume I am into fraud. You are free to tell people I am into fraud.

“One thing the white people coming here do is that they research. They are not stupid. They saw my Rolls-Royce and knew how I acquired the funds to purchase it. It's music money. It’s not fraud; it’s hard work and dedication. So don’t make a mistake,” he said in a video spotted by The Independent Ghana on X.

A secret FBI operation led to the arrest of Ghana’s nightlife mogul and alleged crypto kingpin, Nana Kojo Boateng, popularly known as Dada Joe Remix, with possible extradition to the United States of America (U.S.A).

Sources say he was “scooped up Rambo-style,” over his alleged involvement in fraudulent financial activities.

Even though people have known him as a big player in the oil and gas business, rumors have it that he might have been involved in shady activities behind the scenes.

Panic has reportedly gripped Accra’s elite social circles since the news broke.

Some prominent figures allegedly involved in cryptocurrency, forex trading, and high-end real estate have also allegedly gone into hiding.

Dada Joe Remix could stand trial and face significant legal consequences if convicted.

Official details regarding his arrest and the nature of the charges are yet to be released.

It will be recalled that in 2022, the Nigerian social media influencer, Ramon Abbas, who called himself Ray Hushpuppi and flaunted a lavish lifestyle supported by laundering millions of dollars was sentenced in Los Angeles to more than 11 years in federal prison.

Ramon Abbas, 40, was also ordered by a federal judge to pay $1.7m in restitution to two fraud victims, according to a statement from the United States Department of Justice.Abbas was “one of the most prolific money launderers in the world,” Don Alway, assistant director in charge of the FBI’s Los Angeles office, said in the statement.

Prosecutors said Abbas and a Canadian man laundered money from various online crimes, including bank cyberheists and business email compromise, or BEC, a prolific crime in which crooks hack into email accounts, pretend to be someone they’re not, and fool victims into wiring money where it doesn’t belong.

Abbas had more than two million Instagram followers before he was arrested in 2020 in Dubai in the United Arab Emirates.

His social media posts showed him living a life of luxury, complete with private jets, ultra-expensive cars, and high-end clothes and watches.

“I hope someday I will be inspiring more young people to join me on this path,” read one Instagram post by Abbas, who pleaded guilty in April 2021 to one count of conspiracy to engage in money laundering.