The Rise Of Financial Scams In Ghana
Investments that promise extraordinary returns with very little or nonexistent risks are most people`s taste and preference. These investment schemes take different shades and ruses but the...
Tag: fraud
Ponzi Scheme Blamed For Financial Misery In Ghana
Many people in Ghana have lost money by investing in a Russian-backed Ponzi scheme which promises huge profits. The scheme, the Mavrodi Mondial Movement or MMM, was introduced in Ghana after it was...
A.K.A. Many Miseries Multiplied
THE MEANING OF MMM - In truth, MMM is a Ponzi scheme. Wikipedia defines a Ponzi scheme as “a fraudulent investment operation where the operator, an individual or organization, pays returns to its...
Uganda Military Investigates Fake Arms Deal
The Ugandan military on Wednesday said it has started investigating a fake arms deal that was allegedly carried out by some of its officers. Lt. Col. Paddy Ankunda, army spokesperson told reporters...
10 Strategies To Get You Fooled
Ghana is one of the countries found in West Africa. It is well-known for a number of things. These include its diverse tribes, hospitality, robust economy, cultured people, and much more. However,...
Supreme Court Ruling On The PPP Case With EC ….My Take!
'...Mind You , I Am Not A Lawyer But Appreciate The Law' Here are some critical questions to ask..... Did PPP swear an oath or an affidavit before the commission in the filling of the nomination...
Sex Worker In Police Grips For Masterminding Attack On Client
A 22-year-old commercial sex worker has been arrested at the Madina Market in Accra for allegedly creating the conditions for a client to be attacked. The young woman, who claims to be a hairdresser...
John Dumelo Selling Waist Trainers
Waist trainers are for the credulous in society–especially the lazy ones looking for a quick fix to a problem that cannot be solved with such a haste fix. Despite expert scientists have said that...
Police In India Detain 750 Over US Call Centre Scam
Police in the western Indian city of Thane have arrested more than 750 people suspected of defrauding US citizens from a fake call centre. Officers say the suspects obtained lists of US tax...
The Elusive World of Telecom Fraud. What Is the Way Forward?
The elusive world of telecom fraud. What is the way forward? Internet fraud has been known in Ghana for many years but until recently when the airwaves became awash with news of the arrests of people...
The Elusive World of Telecom Fraud. Which Way Forward?
Internet fraud has been known in Ghana for many years but until recently when the airwaves became awash with news of the arrests of people engaged in SIM BOX fraud, much had not been heard about...
BoG Warns of Blacklisting Banks Over Electronic Fraud
The Governor of the Bank of Ghana, Dr. Abdul Nashiru Issahaku has asked banks to step up efforts in stemming the incidence of electronic fraud (e-fraud) in order to save the country from being...
Asante-Yeboah Petitions US Embassy Over ECG Concession
A leading member of the Coalition of Civil Society Organisations kicking against the concession of the Electricity Company of Ghana (ECG) Mr. Richard Asante-Yeboah has written to the US embassy for...
How Nduom Defrauded Ghana of Billions of Cedis
By Sapati, B. A. The assertion by 18th century French novelist and playwright, Honore de Balzac, that "Behind every great fortune, there is a crime" is definitely not true when it comes to how some...
Police Alerts Public On Latest Scam
The Ghana Police Service has called on the public to be wary of the latest brand of scan perpetrated by criminals. In a statement issued in Accra by the Director of Public Affairs, Cephas Arthur, he...
Be Wary of Scammers Acting As Police
The Ghana Police Service has issued an alert cautioning the general public to be wary of the latest scam being perpetrated by criminals in the country. A statement released by the Police...
Multimedia Interdicts Six Sales Staff For Suspected Fraud
Investigations have begun into suspected fraud at Multimedia Group leading to the loss of revenue to the company. The fraud is believed to have been perpetrated by some members of the sales team who...
The IGP, (Dr.) John Kudalor, the Daily Graphic, and Diploma Mills
The Daily Graphic on the issues of accreditation and diploma mills, in our view, has demonstrated an unimaginable degree of incompetence that may bewilder even the unschooled. Over the past couple of...
Obinim Supporters Scream ‘leave Our Angel Alone’
Hundreds of followers of Bishop Daniel Obinim have massed up at the Nima Police Station in Accra to demand the release of their Pastor. Obinim was arrested Tuesday in connection with a gold fraud...
I Know Nothing of GHC11.6m Gold Fraud
Bishop Daniel Obinim has said he knows nothing about an alleged GHS11.6 million gold fraud levelled against him by a complainant. The founder of the International God’s Way Church, who spent...