Ghanaian Fraudsterssetting - Analysis of the 2023 data showed that fraud heightened in fraudulent withdrawals from victims’ accounts, cyber/email fraud, and cash theft (cash suppression). In 2025, the banking industry reported a total number of 2,295 fraud cases as compared to 2,175 fraud cases reported in 2025. Fraudulent activities in the banking sector of ghana are driven by opportunities, pressure, rationalization and capacity to commit fraud, with capacity being the dominant factor. Ghana lost ghc30. 1 million to bank fraud in 2025 alone. The cases seem to be increasing despite the constant new measures put in place by stakeholders of the banking sector. (2025), who looked at its root causes, consequences, and potential solutions. Financial fraud has emerged as a pervasive and pressing issue on a global scale, impacting economies and undermining the integrity of financial systems. Fraud cases increased to 15,865 in. This study seeks to investigate recent rampant financial frauds and their impact on the financial performance of the four mobile payment companies in ghana. The bank of ghana recorded a total of 2,295 cases of fraud representing a 5. 4 per cent increase in cases reported in 2025. This paper aims to explore the main causes of fraud in the mobile money services in ghana and the measures to combat the menace by the key stakeholders connected to mobile. According to the 2025 bank of ghana report, commercial banks lost approximately gh¢20 million to fraud, most of which was perpetrated by their own employees. The bank of ghana (bog) has released its annual fraud report for 2023, revealing a 5% increase in fraud cases and a 7% rise in losses, totaling gh¢88 million. Ghana is taking to address them and promote the integrity of the banking system. The year 2025 recorded 2998 cases of attempted fraud cases for the banking and sdi sectors, as compared. Drawing on ethnographic interviews and observations of online romance fraudsters in ghana, this paper develops a model that explains how african online romance fraudsters. The ghana police service and other security agencies are working to control crime but reports have revealed that fraud and scams cost ghanaians more billions of dollars. Kpmg can assist organisations who fall victim to procurement fraud, fake charities and investment scams by investigating allegations of fraud and misconduct. Kpmg can provide support during. Among the various types of fraudulent activities recorded in banks in ghana in 2023, five stood out and came atop.
Analysis of the 2023 data showed that fraud heightened in fraudulent withdrawals from victims’ accounts, cyber/email fraud, and cash theft (cash suppression). In 2025, the banking industry reported a total number of 2,295 fraud cases as compared to 2,175 fraud cases reported in 2025. Fraudulent activities in the banking sector of ghana are driven by opportunities, pressure, rationalization and capacity to commit fraud, with capacity being the dominant factor. Ghana lost ghc30. 1 million to bank fraud in 2025 alone. The cases seem to be increasing despite the constant new measures put in place by stakeholders of the banking sector.