Overview
- Police found 24-year-old Mohamed Coulibaly's body in a Harrison Township, New Jersey, swimming pool during a welfare check on Friday and opened a death investigation.
- A mid-July Barron's probe reported that Coulibaly organized a scheme that sold stakes in bogus e-commerce shops and used manually entered sales logs to make the stores appear profitable.
- Multiple former NFL players told Barron's and other outlets they invested with Coulibaly and three of those ex-players say they lost more than $1 million in total.
- Former Giants linebacker Tae Crowder says he put $500,000 of his savings into one of the stores and never received the promised payout, while Coulibaly has publicly denied wrongdoing.
- No criminal charges have been filed so far and officials say Coulibaly's death could complicate both any future criminal probe and victims' efforts to pursue civil recovery, with law enforcement continuing forensic and investigatory work.