Tag: fraud
Brothers imprisoned over P2P investment firm fraud
Two brothers behind British peer-to-peer style investment platform, Collateral, have been sentenced to a combined eight years in prison for fraud and money laundering.
Before...
Hajia4Reall’s Quick Angels partner faces trial for Domestic Violence
An Accra Circuit Court presided over by Justice Mrs. Christiana Effah-Donkor-Cann has ordered the CEO of Quick Angels Ghana Limited, Richard Nii Armah Quaye...
The Love Trap Through Remittances; Realm of “Free” Money!
Historically, con artists have used a variety of tactics to deceive and manipulate their victims, and this include online romance scams. The rise of...
Cross-border transfer fraud – BoG, EOCO investigate
Recent developments have brought to the forefront a series of card fraud schemes that have left unsuspecting customers grappling with unauthorized money transfers and...
Renaizance Oil MD guilty of defrauding Misyl Energy of GH₵27.9m
David Aseye Tay, Renaizance Oil MD, an unlicensed Oil Marketing Company has been found guilty and convicted for defrauding Nick Danso Adjei, Chairman of...
SIM Swap Fraud: Man loses GHS250k in one day
A Ghanaian who is now based in London has hinted Techfocus24 that he recently became a victim of fraudulent SIM Swap leading to a...
Crypto Fraud: South African firm fined $3.4 billion
South Africa has once again found itself at the centre of some of the world’s biggest crypto fraud cases.
A US federal court in Texas...
SIM Registration: NCA biodata not being verified against NIA database
In spite of a claim by the National Communications Authority (NCA) that it needed to capture a second set of bio data for SIM...
Fraudulent SIM Registration: Telcos to issue Short Code to check numbers...
Information reaching Techfocus24 from very reliable sources indicate that telecom operators in the country have been mandated to, by end of April, issue a...
Elephant in the Room: Fraudulent SIM Registration is upon us again
There is SIM re-registration going on in Ghana now. This is the second time the country is undergoing such a process. This current one...