Watertown Man Pleads Guilty to African Sports Ponzi Scheme

The following information was provided by the U.S. Attorney’s Office, District of Massachusetts:

A Watertown man pleaded guilty yesterday in federal court in Boston to defrauding investors who believed they were financing lucrative short-term sports ventures in Africa. Adrian Kawuba, 33, pleaded guilty to four counts of wire fraud. United States District Court Judge William G. Young scheduled sentencing for March 14, 2024. Kawuba was arrested and charged in November 2022. Kawuba told his victims 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.