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The Ace News Blog of Tuesday, 5 August 2025
Source: Bobby Amoah
Shatta Wale News Now: EOCO Seizes Lamborghini Linked to Fraud Probe — No Charges Filed

Everything we know about the luxury car seizure linked to a $4.7M U.S. fraud case.
EOCO has seized a 2019 Lamborghini Urus from the residence of Ghanaian music icon Shatta Wale. The sleek SUV, reportedly worth over $280,000, was taken in connection with an ongoing investigation tied to a U.S.-based fraud case.
While the car seizure has sparked headlines, Shatta Wale has not been arrested, detained, or charged with any crime.
According to sources close to the Economic and Organized Crime Office (EOCO), the luxury vehicle is allegedly connected to proceeds from a $4.7 million fraud operation led by convicted Ghanaian-American, Nana Kwabena Amuah. The FBI had reportedly flagged several transactions and assets for EOCO’s local follow-up.
Why Was Shatta Wale's Car Targeted?
Authorities say the Lamborghini was purchased in a manner that raised red flags, suggesting a potential link to illicit funds. EOCO acted on a tipoff supported by FBI intelligence, but investigators have clarified that the seizure was a precautionary asset freeze — not a criminal indictment of Shatta Wale.
Is Shatta Wale in Trouble?
As of this writing,
Shatta Wale is not the subject of any criminal charges. His name has surfaced in connection with the vehicle, not the fraud itself. EOCO has neither accused him directly nor implied wrongdoing beyond owning the vehicle in question.
What Happens Next?
The Lamborghini is currently being held as evidence. If further inquiries confirm it was acquired through fraud, the state may move to confiscate it permanently. If not, the car could be returned.
Neither EOCO nor Shatta Wale has released an official public statement regarding the incident.
Why This Matters
This latest development has reignited public curiosity about celebrity assets and financial scrutiny. Fans and critics alike are watching closely to see how things unfold — especially given the international ties of the case.
While the headlines sound dramatic, it's important to remember: this is still under investigation. No court has ruled against Shatta Wale, and at this point, he remains uninvolved in any confirmed criminal activity.