New Jersey Scam Mastermind Found Dead; Investigation into Athlete Fraud Scheme Intensifies
August 6, 2026
Prosecutors had not charged Coulibaly, with no bail decision, release order, or trial date established in the Shopify-related allegations.
The case remains developing, with ongoing investigations and updates to come.
Crowder said he never saw any returns, urged others to avoid involvement, and called for restitution as he noted heightened investment activity drew warning signs.
At the time of reporting, no criminal charges had been filed against Coulibaly in connection with the alleged scheme, though accusers seek resolution and accountability.
Barron’s and ABC reported that several athletes, including Tae Crowder, Jalen Carter, and Nakobe Dean, invested sizable sums and did not receive the promised returns from the fake e-commerce investment scheme.
Overall, no criminal charges had been filed related to the alleged scam up to now.
The scheme allegedly sold stakes in bogus web stores with manipulated backend data to show false sales and profits to lure investors.
A man identified as Mohamed Coulibaly, alleged mastermind of a million-dollar scam targeting former NFL players and other athletes, was found dead in a pool at a Harrison Township, New Jersey home, and authorities are continuing an unfolding investigation.
Coulibaly’s death was discovered during a welfare check requested by relatives; authorities have not released the cause of death and continue to investigate.
Investment materials referenced a client named YG among others, but it isn’t clear whether YG invested, lost money, or knew his name appeared in the deck.
Police found Coulibaly during a welfare check on July 31 after family concerns, with investigators examining the circumstances.
Barron’s coverage is referenced, with links to ABC6 and Barron’s for readers seeking more detail on the scheme and repayment status.
Summary based on 12 sources
Get a daily email with more US News stories
Sources

Yahoo News • Aug 7, 2026
Man accused of scamming ex-NFL players, including UGA star, found dead
ABC7 Los Angeles • Aug 6, 2026
Alleged scammer targeting ex-NFL players found dead in pool
