The Economic and Organised Crime Office wishes to reiterate its commitment to the enforcement of relevant laws in the operation of the financial market in Ghana.

EOCO has, in collaboration with FBI and RCMP, carried out an intelligence-led operation for the retrieval
of various specifications of luxury vehicles suspected to have been stolen from USA and Canada.

In line with the above, the SEC and EOCO have embarked on joint investigations into the activities of some entities largely operating ia online channels.

PRESS RELEASE: “EOCO Can’t Prosecute NAM 1” / “No Evidence to Prosecute” / “We can’t find relevant laws to prosecute NAM 1”

The Economic and Organised Crime Office (EOCO) in collaboration with the Ghana Association of Bankers, has arrested four (4) persons engaged in SIM swap fraud.

According to a representative of the Association of Banks, Mr. Ransford Nana Addo Jnr, the four (4) persons were picked up at various locations in the country for colluding and illegally accessing the accounts of some Ghanaians, from which they stole various amounts.

Checks have established that Royal Gardens Network and Hubtel Mobile Money Lending have not been registered to operate as online investment companies and that they only exist in the virtual space to defraud unsuspecting victims.