News
Bank of Ghana warns public against ‘Daily Wealth Guide’ crypto scam
The Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) have warned the public against a suspected crypto investment scam operating under the name “Daily Wealth Guide.”
The warning follows the circulation of a doctored video on social media purporting to show President John Dramani Mahama endorsing the investment platform.
In a notice issued on Tuesday, September 1, 2026, the two regulators cautioned the public not to invest money in the platform or similar schemes promising quick and high returns.
The BoG explained that inviting members of the public to deposit money with such schemes amounts to deposit-taking, which can only be carried out by institutions licensed by the Bank of Ghana.
It stressed that it has not licensed any individual or entity to engage in crypto investment activities.
According to the notice, individuals or entities involved in such activities risk prosecution and may be required to refund all funds received.
The regulators further warned that offenders could face administrative penalties under the Anti-Money Laundering Act, 2020 (Act 1044), as well as investigations and prosecution by law enforcement agencies.
The Bank of Ghana urged the public to verify the licensing status of any individual or company before depositing money with them.
It advised the public to place deposits only with institutions licensed by the Bank of Ghana and other relevant authorities.
The central bank has, meanwhile, directed media houses, including radio, television and online platforms, not to advertise the services of the so-called “foreign investors” without first verifying their licensing status.
The public has been encouraged to report suspected illegal investment activities to the Bank of Ghana’s Financial Stability Department through its official contact channels.
By: Jacob Aggrey
Management and staff of Owass FM have announced the passing of media personality, comedian and politician Seth Kwame Dzokoto following a medical emergency during a live morning show discussion at the station earlier today.
According to the station, Dzokoto was participating in a panel discussion on its morning show “Oman Nkoso” when he suddenly took ill and collapsed.
A statement from the station said its team immediately rushed him to the hospital for medical attention, but he was pronounced dead by the attending medical doctor upon arrival.
“We are deeply saddened by this unfortunate incident, which occurred in the course of our regular programming. Our thoughts and prayers are with his family, loved ones, colleagues, and all those who have been affected by his passing,” the statement said.
Management acknowledged that information about the incident is already circulating in the public domain, but appealed to the public and colleague media houses to respect the privacy of the bereaved family and refrain from circulating unverified information or speculation regarding the circumstances of his death.
Owass FM extended its heartfelt condolences to the family of Seth Kwame Dzokoto.
By Edem Mensah-Tsotorme
The State through the Attorney General (AG) has filed an appeal at the Supreme Court challenging the suspension of the trial in the case of The Republic v Hanan Aludiba and Faiza Seidu.
On Monday, the Court of Appeal suspended the trial in the case. But the prosecution says it has filed an appeal against the suspension order.
According to the update, the law does not allow a criminal trial to be suspended simply because an accused person has complained about some of the charges on the charge sheet, particularly when those complaints were dismissed as meritless.
It argues that if the Court of Appeal’s decision is allowed to stand, no prosecution will ever be possible, since all it would take for a trial to be suspended is an accused person complaining about anything on the charge sheet.
By Edem Mensah-Tsotorme
