Police/Fire
Watertown Man Arrested for Fraud Related to African Sports Ventures
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The following announcement came from the U.S. Attorney’s Office in Boston:
A Watertown man was arrested today for allegedly defrauding investors who believed they were financing lucrative short-term sports ventures in Africa. Adrian Kawuba, 33, was charged with one count of wire fraud. Kawuba will appear in federal court in Boston at 2:30 p.m. today before United States Magistrate Judge M. Page Kelley. According to the charging documents, Kawuba told his investors that he would invest their money in short-term financing of sports ventures in Africa and elsewhere overseas and that he would personally guarantee their investments. It is alleged however, that Kawuba did not invest any of the funds he received from victim investors.