Over 40 MOMO fraudsters arrested – MTN

Must Read

Government to pay workers’ wages and salaries on January 22, 2020

Civil, public servants and workers under the Ghana Education Service should expect to be paid their salaries on January...

Akufo-Addo has built more school infrastructure in 3 years than NDC did in 8 years

The introduction of the flagship, as well as, the pro-poor programme, Free S.H.S has ushered in a massive improvement...

Application deadline for GHC600m stimulus package extended by 6 days – NBSSI

The National Board for Small Scale Industries (NBSSI) has extended the application deadline for the GHC600m stimulus package meant...
ABC News Ghana is an investigative media house that focuses on politics, sports and the economy. Our work is thoroughly researched, balanced and fair. Our vision is to become the most preferred indigenous news brand for men in West Africa.

Telecommunications company, MTN has stated that, they have facilitated the arrest of over 40 people in connection to mobile money fraud

Speaking at the 8th MTN MoMo Stakeholder Workshop, General Manager of Mobile Money Limited of MTN, Mr Eli Hini noted that, aside fishing out perpetrators of MOMO fraud, they carry out investigations to prevent the occurrence.

“In terms of arrests, we’ve done over 40 arrests already and this includes swoops which means that we are able to predict and therefore go into spaces where we believe these people may be operating from and pick them up”, He told Joy Business.

Mr Hini revealed that a total of GHS4 billion has been transacted on the MTN Mobile Money service since its inception.

He said, as transactions on mobile money rise, fraud on the platform keeps increasing and is advocating for more consumer education on the matter.

“15.5 million Ghanaians are presently using the mobile money service, meaning there are a lot of people who have come into the space who need education to understand how the service evolves”, he said.

He also called for a centralized identification system to enable an easier detection and apprehension of these fraudsters.

SourceABC News

Submit your stories or articles to newsroom@abcnewsgh.com or Whatsapp them to +233 553620623

- Advertisement -


Latest News

Zenith Bank records another 1st in Digital Banking with the introduction of the GH Dual Card in partnership with GhIPSS

Zenith Bank (Ghana) Limited has become the first in Ghana to roll out the Eazypay GH Dual Card, combining...

Special focus needed at Ridge Hospital; management becoming unbecoming – Anas

Investigative journalist, Anas Aremeyaw Anas has indicated that special attention needs to be given to the management of the Greater Accra Regional Hospital because...

GJA demands swift action against Soldier for assualting TV3’s Journalist

The Ghana Journalists Association has called for an immediate investigation and prosecution of soldier suspected to have brutalized a TV3 journalist. Yesterday, a TV3 cameraman,...

46 foreign owned shops closed down at Circle after traders failed to regularize documents

Forty six foreign-owned shops have been closed down at Circle in Accra after traders failed to regularize documents, which allows them to continue trading...

Banking industry losses over GHC 33 million due to fraud in 2019

Fraud activities in Ghana's banking industry increased in 2019 compared to 2018, a report from the Bank of Ghana on fraud has revealed. The data...

More Articles Like This

%d bloggers like this: