A 40-year-old Ghanaian man has admitted guilt in a federal court in Manhattan for playing a central role in an international fraud network that defrauded victims across the United States of more than $100 million.
Derrick Van Yeboah, also known as Van, acknowledged that he personally obtained over $10 million through elaborate online “romance scams.” The scheme primarily targeted elderly individuals seeking relationships on the internet, exploiting their trust and emotional vulnerability.
The guilty plea was entered on Thursday, March 5, before U.S. District Judge Arun Subramanian. Prosecutors from the U.S. Attorney’s Office for the Southern District of New York described the outcome as a significant step in their efforts to dismantle cybercrime networks operating from West Africa.
How the fraud operation worked
Court filings indicate that Van Yeboah was an active member of a Ghana-based group that created and managed numerous fabricated online identities. Using these fake profiles, members of the network built relationships with victims over extended periods.
After gaining their trust, the conspirators persuaded victims to send large sums of money, often convincing them they were helping a romantic partner in distress. In some cases, victims were also manipulated into transferring funds that had been stolen from other targets.
Commenting on the case, U.S. Attorney Jay Clayton said the scheme preyed on people who turned to online platforms in search of companionship. He noted that Van Yeboah exploited those vulnerabilities to secure millions in illegal gains.
Funds traced to West Africa
Investigators also uncovered that the group carried out Business Email Compromise (BEC) fraud, deceiving companies into redirecting payments to accounts controlled by the network. Authorities say the operation ultimately moved more than $100 million, with proceeds transferred to West Africa.
Van Yeboah has been held accountable for $10,149,429.17 of the stolen funds. Under his plea agreement, he has accepted responsibility for repaying the full amount through restitution and asset forfeiture.
The investigation was conducted by the Federal Bureau of Investigation alongside the United States Department of Justice Office of International Affairs, with support from the Government of Ghana.
Public warning
Clayton also cautioned internet users, especially those using dating platforms, to remain cautious when interacting with people they meet online. He advised individuals never to send money to someone they have just met online and to be wary of situations that appear suspiciously perfect.
Van Yeboah is expected to be sentenced on June 3, 2026. He faces a possible maximum penalty of 20 years in prison for conspiracy to commit wire fraud