Fraud reports in Ghana jump 48%: Top 5 scams costing people the most money, and how to report them

89 million E-money fraud targets digital financial services, including mobile money wallets, internet banking and electronic payment platforms.

Fraud within the PSP sector nearly doubled over the four-year period, while traditional banks and SDIs recorded fewer fraud cases and lower financial losses, suggesting fraudsters are increasingly exploiting digital channels as mobile money adoption grows.

The Bank of Ghana recorded 24,778 fraud cases in 2025, up from 16,733 in 2024, with the total value at risk increasing to GH¢101 million.