Monday, September 25, 2023
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Over 420 Loans App Fraudsters Arrested

There have been around 420 people detained who were operating loansapp businesses.


As part of a joint Cyber Security Committee operation, the Cyber Security Authority, Bank of Ghana, and Economic and Organized Crime Office (EOCO) undertook a sweep that led to the arrest of the accused.

The joint operation included a raid on the offices of certain alleged Greater Accra Region-based owners of digital lending apps (loan apps).


Cyberbullying, extortion, exploitation of data and privacy, and, in the worst instance, threats of death are all practices used by the owners of these apps.

This occurs at a time when several internet loan reporters have been involved in numerous cases of debt-shaming defaulters.

According to a statement from the authority, “the three cooperating institutions launched a swoop in the early hours of Monday, July 10, 2023, as part of a Joint Cybersecurity Committee operation, which led to the arrest of over 420 suspects.”




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