Digital fraud now an economic threat, not just a crime issue – Prof. Bokpin

He says Ghana’s digital economy depends on trust and any sustained erosion of confidence could affect financial inclusion, formalisation, tax mobilisation and the country’s transition to a cash-lite economy.

Economist and Professor of Finance at the University of Ghana Business School, Professor Godfred Bokpin, says digital fraud must not be treated only as a criminal matter because its impact can weaken confidence, reduce participation in digital payments and slow economic growth.

Bokpin was speaking in a yet-to-be-aired documentary, "The Trust Crisis," ahead of the maiden Digital Economy Forum under the theme, "The Trust Crisis: Why Fraud Is Holding Back Ghana’s Digital Economy.