Ugandan Accountant Accused of Embezzling Billions From Nick Cannon

A Ugandan national, Frank Musoke, has been accused of embezzling more than UGX 8 billion from American entertainer Nick Cannon, according to reports from U.S. federal prosecutors.Musoke reportedly worked as an account manager at a Beverly Hills financial management firm that handled the business affairs of several high-profile celebrities. Prosecutors allege that he abused his position to siphon money from Cannon over a period of nearly four years, between December 2019 and June 2023.Investigators claim the funds were transferred through unauthorized transactions while Musoke managed financial operations linked to the entertainer’s accounts. The alleged fraud is said to amount to over UGX 8 billion.The case has since attracted widespread attention both in the United States and Uganda, with many expressing shock over the scale of the alleged embezzlement involving a Ugandan professional working in Hollywood’s elite financial circles.Authorities in the U.S. are continuing investigations as legal proceedings against Musoke unfold