On the 10th and 11th of February, 2020, market women in Maamobi and Nima stood still and listened attentively to officials of the Public Affairs Unit of the Economic and Organised Crime Office (EOCO) amidst their buzzing business.
The officers educated the market women on mobile money fraud and non-banking sector investment fraud including susu fraud, high risk investment fraud among others.
The women were taken aback with the dangers associated with mobile money (MoMo as it is usually called) and how some unscrupulous human beings exploit them to gain money from them through investment packages.
After the interaction, the women expressed their appreciation to the team since they highly use MoMo in their daily activities. Some women explained and asked that, due to their busy schedule they are always approached my mobile bankers with juicy investment packages but with no means of verifying information. The market women also enquired whether their investment with some of these non-banking institutions were secured and how they could verify the authenticity of such institutions when approached.
The team explained that the Bank of Ghana is in the position to verify such institutions. However, they can also call on the Economic and Organised Crime Office to assist appropriately.