The alleged scammer was found dead at his home.
The name Mohamed Coulibaly will become familiar to the public. A 24-year-old man running a multimillion-dollar fraudulent investment scheme. The e-commerce and investment scheme he was running was targeting athletes, including NFL players. An investigation was set for Mohamed.
Courtesy Yahoo! News
When police arrived at the home, he was dead in his swimming pool in Harrison Township, New Jersey.
What was the investment scheme? The allegations were that Mohamed convinced NFL players and other professional athletes to buy stakes in fake online e-commerce stores by showing them false documents on sales figures. The victims in this case were multiple athletes, including former New York Giants linebacker Tay Crowder, who invested $500,000. He was promised payouts, but never received them.
Mohamed denied any wrongdoing, and the financial delays were a misunderstanding of technology and business delays rather than a scam. No criminal charges have been filed so far, and authorities are investigating the cause and circumstances surrounding his death.
Let’s see in the coming weeks what the case will bring and whether any charges are filed for criminal activity.
