Traders, entrepreneurs, and businesses have been warned to be extra vigilant as online financial scams targeting unsuspecting victims continue to surge across Ghana.
Mr. Gilbert Benneh Pewodie, Regional Manager of the Ghana Cooperative Credit Union Association for Bono, Ahafo, and Bono East, advised market women, traders, and small business owners not to register with online financial institutions that promise “too-good-to-be-true” offers, especially loans and credit schemes.
“These scammers exploit the ignorance of traders and entrepreneurs with fake promises, only to defraud them,” Mr. Pewodie said.
He urged the public to verify the legitimacy of all financial institutions through the Bank of Ghana’s official website before engaging with them.
In addition, Mr. Pewodie warned against money-doubling schemes and encouraged the public to adopt a habit of saving with trusted, licensed institutions rather than keeping large sums of money at home.
He emphasized that safeguarding one’s finances is essential, especially with rising cases of digital fraud.
Mr. Charles Nii Tagoe, Board Chairman of the Berekum Area Teachers Cooperative Union, also applauded members for their loyalty and urged them to remain vigilant and informed in financial dealings.
