The Cyber Security Authority (CSA) has issued a public alert over a sharp increase in fraudulent online investment schemes operating under various aliases.
According to the Authority, a total of 352 cases were recorded in the first half of 2026 alone, with financial losses amounting to GH¢3,429,447.
The scammers primarily use social media platforms to advertise their schemes and rely on mobile money for transactions.
To appear credible, they often present themselves as subsidiaries of established foreign companies, with Darazz, a legitimate e-commerce company headquartered in Pakistan, being among the brands falsely associated. Other known aliases include Daily Trade, Ghostore, KUKA, and Edollar.
According to the CSA, victims are lured with promises of high returns on investments, often tied to crypto-mining equipment leases or online business tasks. However, once funds are transferred, victims neither receive any returns nor recover their initial investment. The threat actors frequently rebrand to evade detection.
The Authority has advised the public to exercise caution with platforms promising unusually high returns, refrain from engaging with unsolicited messages or WhatsApp groups claiming affiliation with reputable organisations, and verify the legitimacy of investment opportunities through official channels.
The CSA has urged the public to report suspicious activities via its 24-hour reporting points.
