The Bank of Ghana (BoG) has identified a money doubling scheme operating in Ghana under the pseudo name “Worldremit”.
According to the BoG, this fraudulent scheme is distinct from the globally renowned Fintech, “WorldRemit” which is in the business of international fund transfers.
The BoG issued a press statement to alert the public on Thursday [October 14, 2021]
It explained that the fraudulent “scheme encourages customers to select preferred packages, following which a code is generated by the fraudsters with which they obtain the WhatsApp accounts of their victims for spurious purposes.”
The BoG said it has not licensed any entity or individual to undertake money doubling in Ghana.
“Any individual or entity that participates in such or similar schemes does so at their own peril,” the BoG said.