Ghana money scams. • In almost every case, there is a sense of urgency.

Ghana money scams. In 2022, nearly 70,000 people reported a romance scam, and reported losses hit a staggering $1. Many Americans have reported losing thousands of dollars through the Ghana romance scams. Romance scammers tell all sorts of lies to steal your heart and money, and reports to the FTC show those lies are working. -based money launderer for a criminal enterprise based in the Republic of Ghana (“Ghana”) that engaged in fraud schemes that stole tens of millions of dollars from victims across the United States. MONTRAGE received money from several victims of romance frauds whom Sep 2, 2020 · Ghana is a safe country, fun place to be and lots of sites and attraction that would keep you coming, to be frank, it is much safer than South Africa if you want the honest truth. Online scamming has been a way of life for so long in the African country, that most information you will find when searching the web for Ghana is information related to romance fraud, gold scams, and similar ways to be a victim. com USSD. There are millions of young people in Ghana without jobs or ways to make a proper living. Apr 17, 2024 · The following are common red flags to look for in terms of fraud and scams: • Unsolicited offers to buy goods and services or participate in government tenders. U. Email scams are among the most common. Mar 26, 2023 Rating: Talia Shepard/ Maria Hutton by: Dan She screwed me out of over $635,000. The most prevalent and successful cases of Advance Fee Fraud is the fund transfer scam. Ghana is a hot-bed for dating scams and huge money scams involving gold and diamonds. In 2022, 60% of all payments sent to romance scammers were via cryptocurrency or bank wires. In these scams, individuals pretend to be romantically interested in others online, often through dating websites or social media platforms, to gain their trust and, ultimately, their money. Subsequently, the banking industry saw an increase in the number of attempted cases by 5. Last year’s romance scam numbers looked a lot like 2021 all over again, and it’s not a pretty picture. Email – mmfraudteam. Oct 1, 2021 · What are the types of online scams? Here are a few of the most typical online scams. Jun 27, 2023 · Online scams and fraud are steadily rising in Ghana with scammers using deceptive practices to cause significant financial losses and emotional distress. One common form of fraud in Ghana is the infamous MoMo Fraud, which targets mobile money users. There is a broad range of different ways in which people can be tricked into giving up money or personal details that could be used for identity theft- all of which can be considered fraud. military in Ghana. Unemployment . • In almost every case, there is a sense of urgency. Explore basics 5 days ago · Last updated on November 5th, 2024 at 02:48 pm. Oct 24, 2023 · The scammers also use these excuses to claim more money for facilitating delivery of the gold,” it indicated in a press statement signed by Managing Director-PMMC, Nana Akwasi Awuah. More Complex Scams Evolve. there is several times a middle man that refers the victim to the scammer. Just like in Ghana's internet Reasons why romance scams happen in Ghana 1. S. Scammers try to convince you that you are owed or entitled to, money or winnings that you did not expect to receive. Ghana scammers target victims on social networking sites, online dating sites, professional networking sites, via email, and instant messaging platforms. According to court documents from the U. We’ll tell you what to look out for, so you Feb 11, 2019 · This is how, in some cases, victims of romance scams are traded among criminals to be used in much larger crimes, including drug trafficking and money laundering. 52 In April 2021, the chamber mentioned that over 4,000 cases of mobile money fraud were under investigation. 54 Aug 26, 2020 · MENSAH was arrested on January 16, 2020, in Accra, Ghana for charges in connection with a fraud conspiracy based in Ghana involving the theft of over $10 million through business email compromises and romance scams that targeted the elderly from at least in or about 2014 through in or about 2018. The network of scammers, known as “Yahoo boys,” operate out of Accra’s so-called “Hustle Kingdom. Sep 19, 2022 · The Ghana Chamber of Telecommunications reported 278 mobile money–related fraud cases in 2015 and 388 cases in 2016. 1. Apr 18, 2021 · An attempt to prevent fraud in Ghana’s burgeoning mobile money sector could be a setback for access to financial services. Ghana Money Order Cash Requests Scam In this type of scam the scammer often spends huge time in building the relationship with their victim. individuals and businesses periodically are lured into scams and fraud schemes originating – or just purporting to be in — in Ghana or the surrounding region. One of the places Roberto was asked to send money was Ghana, home to a group of online scammers called the Sakawa Boys. Ghana has one of the highest unemployment rates in West Africa. NEVER GIVE YOUR MOBILE MONEY PIN TO ANYONE. May 15, 2023 · MONTRAGE is a Ghanaian public figure who rose to fame as an influencer through her Instagram profile, under the username “Hajia4Reall,” which at one point had approximately 3. A CBS News investigation led by Debora Patta explores how online romance scams, primarily from Ghana, target vulnerable Americans. These scammers work from internet cafes and are 100% portable and elusive. What we have initiated through our investigations is that in the U. There is no free money, and you will lose more money trying to get it. GH@mtn. Read on for everything you need to know about recent scam alerts in Ghana, including the money doubling scheme and other money transfer scams. in the aspect of the lady, you have to base you trip as a holiday not because of the lady as I assure you if you see the women in Ghana and you compare to the one you Sep 25, 2024 · Scam Alert – “World Remit” Money Doubling Scheme Bank of Ghana (BoG) has identified a money doubling scheme operating in Ghana under the pseudo name “Worldremit”. Fraud and scams can happen at any time and any place. gov and might also consider alerting the dating website on which the scammer was encountered. Apr 13, 2023 · What are Ghana romance scams? Ghana romance scams are a type of fraudulent activity that has been prevalent for years. The My girlfriend or wife has troubles and wish to sell the gold in Ghana? Can you help me? She has got a gift from someone, but just need to pay some 10,000 pounds or dollars, whatever, to release the gold so that she can export it. Mobile Money fraud is among the common frauds that is reported. Offers of free money will cost you a lot. These scammers typically create In most cases, these scam attempts are easy to detect. They contact you frequently and initiate conversations in grabbing attention to them so you think you are getting to know them better which is actually a base line of their master plan. Scammers!!!I will also send a report to various Ghana national authorities with their details and won't stop until I bring them down and get my money back. . Oct 9, 2020 · Crooks use clever schemes to defraud millions of people every year. No matter how much goes missing, you should take action. Jun 2, 2020 · Whoever thought that emails could quickly reach the masses and be fruitful was wise, more than 50% of Ghanaians fall for this scam. Local Ghana investigators and international police and authorities have been fighting internet fraud from Ghana for a long time, trying to track down the scammers and alerting the public about the risks. They often combine sophisticated technology with age-old tricks to get people to send money or give out personal information. Table 1 shows some types of mobile money fraud identified in Ghana. Select 6 for My Wallet Identity theft occurs when someone steals your personal information to commit fraud. This is the epicenter. Feb 26, 2023 · The most common money transfer scams always include at least one of the following: A request from someone you’ve never met. Men, who believe they're speaking with women online, are lured into sending them money -- but that money often ends up in the May 16, 2023 · A Ghanaian social media influencer has been extradited from the United Kingdom to the US for allegedly swindling over $2 million from older, single American men and women in a twisted lonely Ghana scams can also take other forms including career opportunity scams, foreign lottery scams, or advance fee scams. Money, money, money! Scams in Ghana are all about money. Whether this is your first time reading about these scams or if you have heard the term, we are discussing everything you need to know about Ghana romance scams and the steps to stay safe online. As shown by Bank of Ghana’s reports, Mobile Money Fraud is very prevalent in Ghana and every effort must be made to arrest it, lest it derails the years of efforts made towards promoting financial inclusion, particularly within the informal sector. Ghana’s new mobile money rule could derail financial inclusion. And sadly, because of this volume, certain scammers try to trick people through different money transfer scams. • The victim may be encouraged to travel to Ghana or a nearby country. 00 to get it released then other people got involved and more money out the window with 5 wire transfers going to ACCRA and its never ending, she's in on the scam with a couple of other people including May 15, 2023 · Montrage, who is from Accra, Ghana, currently has 4. Sep 24, 2024 · Billions of dollars are spilling out of American banks as a result of a persistent wave of overseas-based fraud schemes like these in Ghana, while anti-fraud safeguards are failing to stop Sep 27, 2024 · Chocolates, flowers and gold mines: A CBS News investigation reveals the lengths scammers go to to romance and rob unsuspecting Americans. A Ghana criminal conducting internet fraud today may never even mention Ghana, until the damage is done. 4 million Instagram followers and was among the top 10 profiles with the most followers in Ghana. May 16, 2023 · Montrage, 30, of Accra, Ghana, was allegedly part of a group of con artists from West Africa. Oct 18, 2023 · In 2018, the Ghana Banking Industry Fraud report said that attempted fraud cases stood at 2,175 making it the lowest in five years (2018-2022). Oct 22, 2024 · The Journalists for Business Advocacy (JBA), a group of business and financial journalists, notes that Mobile Money (MoMo) fraud cases especially on the platform of MobileMoney Limited, the MTN Ghana subsidiary responsible for mobile financial services, have been reduced especially in the COVID-19 era. It’s important to know the warning signs. Read more In 2011, Ghana was Africa ‘s second-largest producer of gold. The skilled scammers do it in such a way you will never know it was a scam until it’s too late. Aug 17, 2023 · When he cashes the money through his crypto wallet in Ghana, Starflex said he shares the proceeds with his crew of keyboard warriors running shifts to keep the web of lies. It is highly advised not to share Personal Identification Numbers (PIN) or secrete numbers with anyone, and this includes mobile money agents, workers of any telecommunication network and your friends. Dial *170#. You can’t withdraw your money when you invest in this site. citizens living, traveling or serving in the U. citizens should be alert to attempts at fraud by persons who profess friendship or romantic interest over the Internet, especially those claiming to be U. Scam alert in Ghana: everything you need to know. You might receive an email offering a sum of money in return for helping someone to move their money to another account, or overseas (this is known as a “419 email”). Nov 18, 2023 · Every second may count in helping to stop a fraud. MENSAH is the eighth defendant charged in the case. 5 per cent in 2020 with a case count of 2,670. 4 per cent in 2019 with a case count of 2,295, and 15. 53. Nov 19, 2023 · As shown by Bank of Ghana’s reports, Mobile Money Fraud is very prevalent in Ghana and every effort must be made to arrest it, lest it derails the years of efforts made towards promoting Internet fraud and online scams is big business in Ghana. Long distance love + request for money = scam! Don't send money to people you haven't actually met If you do lose money, your chances of getting it back are essentially nil You can report the scam on www. Mar 21, 2024 · I had GH¢1,500. Such scams are becoming increasingly common in Ghana due to persistent poverty and a youth unemployment rate of more than 30%, while the country fights its way out of a Aug 15, 2023 · Such scams are becoming increasingly common in Ghana due to persistent poverty and a youth unemployment rate of more than 30%, while the country fights its way out of a generational economic crisis. Dec 1, 2021 · Arguably the most common scam in Ghana, this method has a scammer accessing dating websites to find potential victims. But Jan 18, 2024 · According to the Better Business Bureau, the percentage of people in the U. Such scams are becoming increasingly common in Ghana due to persistent poverty and a youth unemployment rate of more than 30%, while the country fights its way out of a Background: U. Aug 14, 2023 · When he cashes the money through his crypto wallet in Ghana, Starflex said he shares the proceeds with his crew of keyboard warriors running shifts to keep the web of lies. Oct 27, 2019 · We go undercover in Ghana to expose gold scammers tricking foreign investors out of huge sums of money. This strategy is normally played out on online dating sites. Your chances of recovering your money are slim to none. People send hundreds of billions of dollars in remittances every year. Using a fake profile, individuals carry out the fraud, trying to gain access to money or financial securities. Learn how to protect yourself and others from fraud and scams. We are continuously ensuring you remain safe on MTN MoMo. Other common payment methods include gift cards (7%) and payment apps (3%). 2 million followers on Instagram. Department Advice for Ghana Scams. May 9, 2015 · Cybercrime contributed to Ghana being blacklisted for money-laundering by the international watchdog the global Financial Action Task Force in 2012. This dented the country's international Aug 13, 2019 · Mobile Money fraud started at the same time telecommunication companies struck gold with their new money portability service. Paying money to get more money back. Money scams in Ghana. ic3. Medical Emergency Scam. ” The story of Yenborah is not an isolated case, as many have lost thousands of cedis through mobile money scams. They all work pretty much the same way. The country is known to be a hub for internet scams. The six, said to be members of a criminal enterprise based in Jul 3, 2024 · Nana Appiah Mensah, aka NAM1: NAM1 is facing trial in Ghana for various charges bordering on fraud after investors in his defunct gold dealership company, Menzgold, lost their investments. Montrage is charged with one count of conspiracy to commit wire fraud, one count of wire fraud 5 days ago · TALLAHASSEE, Fla. This fraudulent scheme is distinct from the globally renowned Fintech, “WorldRemit” which is in the business of international fund transfers. We’re here to help. They add new twists to old schemes and pressure people to make important decisions on the spot. The following are the top strategies used by scammers in the country to fool unsuspecting victims: 1. However, the country has its fair share of bad publicity and recently, Ghana Scams has been on the increase. 00, which was all for my small business, and I borrowed GH¢500 in addition, only for it to turn out not to be true after sending the money. May 18, 2022 · Damian Williams, the United States Attorney for the Southern District of New York, announced that FRED ASANTE was sentenced to 108 months for his role as the top U. However, as customers are becoming increasingly aware of the possibility of mobile money fraud, the fraudsters are also adapting and quickly changing their cunning and fraudulent schemes. Feb 22, 2024 · Romance scams are all too common nowadays, but one of the most prevalent types goes beyond stealing your hard-earned money. who reported losing money to romance scams has increased more than 300 per cent in the last few years. Email scams. Someone in a crisis that you can’t tell anyone else about. In this scheme, a company or individual will typically receive an unsolicited letter by mail from a “scammer” claiming to be a senior civil servant. Here are 2 ways you can report a suspected fraudulent number;. (CBS12) — A Tallahassee Couple and a Ghanaian man were sentenced to prison for a romance scam that victimized the elderly. Can you help in exporting gold? My wife has some gold in Ghana, please help us sell the gold in Ghana. Jun 15, 2018 · Romance scams, like so-called “ 419 scams ” are a form of advance-fee fraud often originating in Nigeria and Ghana. 2. Often there are security companies involved and inheritance of Internet scams originating from Ghana and West Africa have been around for quite a while. ” Jan 19, 2023 · Scam alert in Ghana: everything you need to know. 3 billion. 00 with this Gold Scam, said to be in the UK left by Dead Father and all she needed was $10,000. Mar 5, 2020 · This paper aims to explore the main causes of fraud in the mobile money services in Ghana and the measures to combat the menace by the key stakeholders connected to mobile money services. Read more. Scammers overseas are targeting Americans' hearts and their wallets. At one point her account, which uses the handle "Hajia4Reall," was among the top 10 most followed profiles in Jul 29, 2020 · The first point of call to avert a typical mobile money scam is phone calls from persons claiming to be reaching out from the Head Office of a Telco company. The scammer asks you to pay a fee or to give your financial or identity details so you can get the money or winnings. Far from shrinking the problem, the amount of people Feb 18, 2021 · US Authorities have arrested six Ghanaians based in the USA in connection with their roles in a fraud and money laundering conspiracy. Conclusion. Cyber-crime takes many forms and can be perpetrated from anywhere; the individuals with whom you are communicating may not be located in the country they identify. Common money transfer scams to watch out for Aug 12, 2024 · MoMo fraud is an issue we are very passionate about at the Mobile Money LTD and we will continue to work with all stakeholders through sensitisation and awareness initiatives and will continue to Aug 6, 2024 · As romance scammers continue to evolve, so do the methods they use to steal money from their victims. We tracked some of them down in Accra. 0244300000 for MTN Ghana, 111 for Aug 15, 2023 · Such scams are becoming common in Ghana due to persistent poverty and a youth unemployment rate of more than 30%, while the country fights its way out of a generational economic crisis. A money transfer being the only form of payment accepted. The scammer “hooks” their prey with a sob story or a promise of future riches in exchange for money up front. Don’t get caught out by a scam. igcdabc xmfsvr encfk yihob rdhn kfy mymf nhretu zzgy ert