A student has been arraigned before the Dansoman Circuit Court for allegedly using a GCB Bank automated teller machine (ATM) card to withdraw GH¢24,849 from two customers’ accounts. The accused, Regan Kwesi Egbe Addo, also known as Morgan Addo, has been charged with two counts of stealing in two separate cases and has pleaded not […]
The total losses to fraud suffered Banking, Specialised Deposit-Taking Institutions (B&SDI) and Electronic Money Issuers in 2021 amounted to GH¢61million as compared to GH¢25 million in 2020. The figures contained in the B&SDI and EMI fraud report issued by the Bank of Ghana represents a 144.00% increase in year-on-year terms, although 2021 saw a minimal decline of […]
The National Intelligence Bureau (NIB) has busted a 42-year-old man with 656 ATM cards connected to nine banks operating in Ghana and Nigeria. Bachir Musa Aminou, who claims to be a Nigerian but holds a Nigerien passport, concealed the cards in a black plastic bag containing kola nuts bound for Dubai in the United Arab […]
