Scam Watch Ghana
The scams going round right now: official warnings from the Cyber Security Authority, Bank of Ghana, SEC and others, plus numbers and sellers reported on TrustCheck. Updated every week.
Latest alert
- All
- Investment / Ponzi
- Loan apps
- Mobile money
- Impersonation
- Fake jobs
- Online shopping
- Account hacking
- Other
Week of 5 Oct 2026
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Bank of Ghana warns of PIN/OTP theft and 'double-your-money' schemes
The Bank of Ghana cautioned the public against fraudsters seeking Mobile Money and ATM PINs, passwords and one-time codes, and against 'double-your-money' and online Ponzi schemes promising high returns with little risk. It said legitimate banks and mobile money operators will not ask for these details by phone, text, email or social media. Report suspected fraud, unauthorised transactions or SIM swaps to your bank or network operator immediately.
Source: MyJoyOnline
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Bank of Ghana names 20 more digital loan apps operating without a licence
The Bank of Ghana issued a notice naming 20 mobile loan apps that are not licensed to provide digital credit in Ghana. The Bank strongly advised the public not to deal with unlicensed loan providers, and told banks and payment service providers not to process transactions for them. Suspected activity can be reported to the Bank's Fintech and Innovation Department.
Named: Agile Loan, AmanaPay, CashWay, Foutou Credit, HastyCredit, InsCash, KudiNow, LendAura, Lever Credit, LoanGlide, NovaCedi, Palm Loan, PocketLoan, Rite Credit, SikaCare, SikaNow, Susu Loan, Taploan Up, Temivo Cedi, Zatuloan
Source: Graphic Online
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Foreign Ministry warns Ghanaians of fake job offers luring them to Zambia
Ghana's Ministry of Foreign Affairs issued a travel advisory warning that Ghanaians are being lured to Zambia with fake job offers, such as online data-entry roles, then having passports confiscated and being forced into online scam work. It follows an August 2026 raid in Lusaka in which six Ghanaians were among 79 people arrested. The Ministry advises verifying job offers, recruitment agencies and employers before travelling.
Source: Graphic Online
Week of 28 Sep 2026
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SEC shuts down Nyak-City Hostels over unlicensed investment scheme
The Securities and Exchange Commission shut down Nyak-City Hostels Limited for offering an investment product without a licence. The company promised investors guaranteed lifetime returns from hostel investments over a 60-year period. The SEC cautioned that firms must not sell investment products to the public without regulatory approval.
Named: Nyak-City Hostels Limited
Source: Citi Newsroom
Week of 21 Sep 2026
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CSA warns jobseekers about cloned recruitment websites and fake job messages
The Cyber Security Authority warned that fraudsters are cloning government and institutional websites and sending unsolicited recruitment messages by SMS, Facebook, WhatsApp and Telegram to collect applicants' personal data and money. Cases include fake security-sector jobs and messages falsely claiming the Ghana Revenue Authority charges fees for employment. Verify vacancies directly with the institution and report incidents to the CSA or the CID Cybercrime Unit.
Source: Citi Newsroom
Week of 7 Sep 2026
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Bank of Ghana names second batch of 20 unlicensed digital loan apps
The Bank of Ghana published a notice naming 20 digital credit apps operating without its approval, citing its Directive for Digital Credit Service Providers. The public is advised not to borrow from or share data with unlicensed loan apps, and to check the Bank's list of approved providers.
Named: Cascredit, Cash Future, Cash Cedi, Cashpal, Cashpal Pro, CreditGo, Funds Credit, Glow Credit, Moni Wave, MoniLend, Nova Cedi, Onua Loan, Quick Cedi, Sika Boost, Sika Credit, Sompa Loan, Sune Credit, Swift Lend, Target Credit, Zoom Advance
Source: Sikaman Times
Week of 31 Aug 2026
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Ghana Armed Forces warns enlistment applicants about recruitment fraudsters
The Ghana Armed Forces warned that impostors posing as military agents are asking applicants for money to secure enlistment. GAF said it has not authorised any individual or group to recruit on its behalf and charges no fees beyond the official application cost. Applicants should use only official GAF channels and should not pay or share personal data with unauthorised persons.
Source: Ghanaian Times
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BoG and SEC warn of 'Daily Wealth Guide' crypto scam using fake Mahama video
The Bank of Ghana and the Securities and Exchange Commission jointly warned that a crypto investment platform called Daily Wealth Guide is being promoted with a doctored video falsely showing President Mahama endorsing it. The platform is not licensed, and the Bank said it has not licensed anyone to run crypto investments. Check licensing before depositing money and report suspected illegal deposit-taking to the Bank of Ghana.
Named: Daily Wealth Guide
Source: Graphic Online
Week of 3 Aug 2026
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Bank of Ghana names 20 unlicensed digital loan apps
The Bank of Ghana issued its first notice naming 20 mobile loan apps operating without a licence after a regularisation deadline passed. The public is cautioned against using these apps and advised to borrow only from licensed providers.
Named: Adamfo Loan, Agyapacredit, Amanfi Loan, Arco Cash, Aya Lend, Bucks Now, CediGo, CGrab, DumboCash, FCash, Gh Loans, Gh Loans Pro, Hasty Credit, Newgry Money Tree, Omanpesa, PoPoCedi, Ready Money, Sika Tap, Sikapa Loan, Zigwe Loan
Source: Business Day Ghana
Week of 20 Jul 2026
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CSA warns of fake restaurant numbers on Google used to steal food payments
The Cyber Security Authority reported that fraudsters are changing restaurants' phone numbers on Google Search and Maps, or buying ads, so customers who order food pay by mobile money and receive nothing. Losses reached GH¢296,083.68 in January to June 2026. Confirm a restaurant's number on its official website, verified social page or a trusted delivery app, and avoid paying through unfamiliar links.
Source: Citi Newsroom
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SEC names 23 unlicensed online investment platforms
The Securities and Exchange Commission named 23 entities operating online and on social media that are not licensed to carry out capital market activities in Ghana. The SEC urged the public not to invest in products offered by these entities and to verify any company's licence before committing funds.
Named: Afri Hub, BG Wealth, BP Investment, Creative Walker Promotion Company (CWPC), Dallmayr, Expert (Expect) Option, GAIP Securities Learning & Exchange Group, Ghana Vest, Harvest Fund, Infarms/Secure Farm, Kukafor Platform, Mazzuma, Medisyne Trade, NIO Platform, Profit Rise Invest, Quant Vest Stock Exchange (QVSE), QVES, QX Broker/Qumatix, Smart Gain, Yepbit Trading, ZEC ZEC FX, Bonchat, Ultima Cryptocurrency Group
Source: Citi Newsroom
Week of 13 Jul 2026
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SEC warns public against YEPBIT Exchange and BONCHAT investment platforms
The Securities and Exchange Commission alerted the public to a suspected fraudulent investment scheme operating as YEPBIT EXCHANGE and BONCHAT, including through crypto-asset platforms, and said neither is licensed by the SEC. It advised people to verify licensing before investing, be wary of guaranteed high returns and recruitment-based earnings, and report suspicious platforms to the SEC.
Named: YEPBIT EXCHANGE, BONCHAT
Source: sec.gov.gh
Week of 6 Jul 2026
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CSA: Ghanaians lost GH¢3.43m to online investment scams in six months
The Cyber Security Authority said it recorded 352 online investment fraud cases from January to June 2026, with losses of GH¢3.43 million. Scammers use social media ads, WhatsApp groups and mobile money, offer task-based or crypto 'investments', sometimes imitate brands (such as 'Darazz' copying Daraz), pay small early returns, then disappear. Be wary of guaranteed high returns, verify offers with regulators and report to the CSA.
Source: 3News
Week of 11 May 2026
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MTN Ghana scam alert: don't click links in unsolicited messages
MTN Ghana warned customers about phishing links sent by WhatsApp, SMS and email from people posing as friends, banks, government agencies or companies. MTN said it will never ask for a password, PIN or full card details through a text link or social media message. Verify senders through a separate channel and contact MTN on 100 or the police if you think your details are exposed.
Source: mtn.com.gh
Week of 4 May 2026
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SEC warns public against unlicensed Fidelity Capital Investment Group
The Securities and Exchange Commission said Fidelity Capital Investment Group is not licensed and operates like a Ponzi scheme, promising unusually high returns and promoting itself on platforms such as Telegram. It is not affiliated with Fidelity Bank Ghana. The SEC advises checking its website for licensed firms before investing.
Named: Fidelity Capital Investment Group
Source: Citi Newsroom
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Ghana Prisons Service warns of social media impostors seeking money
The Ghana Prisons Service warned that people are posing as its officials on social media, including as the Director-General, to ask for money, gifts or personal details, often for recruitment. The Service said it does not demand payment at any stage of recruitment or for any official service. Report suspected fraud to the police or official Prisons Service channels.
Source: MyJoyOnline
Week of 6 Apr 2026
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FDA alerts public to falsified VISITECT CD4 HIV test kits (lot 0001586)
The Food and Drugs Authority warned that falsified VISITECT CD4 Advanced Disease test kits bearing lot number 0001586 are on the Ghanaian market, wrongly labelled with Omega Diagnostics Limited as manufacturer. Facilities should stop using that lot immediately and hand kits to the nearest FDA office. Report suspected falsified products via the MedSafety App or FDA hotlines.
Source: GBC Ghana Online
Week of 23 Feb 2026
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Police warn viral electronic traffic violation notice is fake
The Ghana Police Service said a viral notice asking people to pay for alleged traffic violations is false and did not come from the Service. No electronic violation notices are currently being issued. Do not pay through links or accounts in such messages.
Source: 3News