💰😳 Nick Cannon Scammed Out of $2 Million by Former Money Manager — Feds Say Cash Was Spent on Travel, Amazon & More

Nick Cannon was allegedly robbed blind by someone he trusted with his finances for years.

According to federal prosecutors, Cannon’s former account manager, Frank Musoke, has been hit with an eight-count indictment accusing him of secretly draining more than $2 million from the entertainer’s accounts over several years.

While the official indictment reportedly does not directly mention Nick by name, sources connected to the case confirmed the Wild ’N Out creator is the alleged victim.

Authorities claim Musoke worked at a high-end Beverly Hills financial management and tax firm where he handled the business affairs of wealthy celebrity clients. Prosecutors say he used that trusted position to gain access to Cannon’s debit cards, PIN numbers, and financial information.

From late 2019 through mid-2023, Musoke allegedly withdrew roughly $1.7 million from ATMs, spent over $165,000 on Amazon purchases, blew nearly $192,000 on personal travel, and racked up thousands more in personal expenses — all without Cannon’s knowledge or approval.

Federal investigators say the total amount allegedly stolen exceeds $2 million.

The financial firm — identified only as “Company A” in court documents — reportedly fired Musoke in July 2023 after discovering missing money tied to the accounts.

But prosecutors say the situation got even deeper.

Musoke is also accused of hiding more than $1.7 million in allegedly stolen income on tax filings submitted between 2021 and 2023, resulting in additional tax evasion charges on top of multiple wire fraud counts.

Authorities now believe Musoke may have fled to Uganda, where he reportedly holds dual citizenship with the United States.

If convicted, he could face serious federal prison time — including up to 20 years for each wire fraud charge and additional years for the tax-related offenses.

The shocking allegations have fans online stunned, especially considering Cannon reportedly worked with the financial firm for nearly two decades.