Two Mobile Money Fraudsters Grabbed

Two suspected fraudsters who allegedly plied their criminality on mobile money networks have been rounded up by the police and remanded in prison custody after arraignment before court.

Stephen Appiah and Eric Aboagye were arrested at Assin Daaman in the Central Region by police there who had acted on a tip-off from mobile telecommunication giant, MTN, to swoop on the suspected reprobates.

According to the tip from MTN, the two suspects preyed on unsuspecting mobile money subscribers by phishing.

They sent scam messages to subscribers with the intention of tricking them into sending funds to a designated number.

Upon the arrest, the police found nine SIM cards and five mobile phones on one of the suspects, Stephen Appiah. A probing of Mr. Appiah’s mobile money wallets revealed seven victims who the Police suspect had been duped to the tune of GHs 3,130.

The suspects have been arraigned before court and remanded in police custody.

A release from MTN on the issue refused to celebrate the busting but rather indicated the telecom giant’s resolve to keep on fighting the menace.

“MTN is very concerned about the recent spate of customer-related Mobile Money fraud cases. We are working hand in hand with the police to ensure the fraudsters are brought to book,” General Manager of Mobile Financial Services, Eli Hini, said,

The released said through various avenues, MTN is continuing to educate customers against falling victim to fraudsters.

“In addition to creating awareness of mobile money fraud on radio, MTN in partnership with E-Crime Bureau, organized a series of workshops nationwide to educate subscribers, security personnel and other groups on how to identify and help fight mobile money fraud.”

The leading Ghanaian telecommunications company cautioned customers to be on the alert and not share their Personal Identification Number (PIN) with anyone. It said in a case where a customer’s PIN has been compromised, the customer should immediately change it.

“A customer who suspects any fraudulent activity should report it to any of the following channels: MTN Call Center 100, Mobile Money Agent – 114, Customer service centers nationwide,, or send SMS to the short code 1515.”

MTN has undertaken several measures to ensure the security of the mobile money systems. As a result of system enhancements, MTN was granted ISO/IEC 27001:2013 certification after an assessment conducted by Lloyds Register Quality Assurance (LRQA).

The ISO/IEC 27001:2013 certification demonstrates that the MTN Mobile Money system meets international standards.




The Republic News Online

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