The Cyber Security Authority (CSA) says Ghanaians lost more than GH¢3.4 million to online investment scams in the first half of 2026.

In a statement issued on 6 July 2026, the Authority said it recorded 352 cases of online investment fraud between January and June, with total losses of GH¢3,429,447.

The CSA said scammers are using fake identities and social media platforms to trick people into investing money with promises of high returns. Payments are mostly made through mobile money.

According to the authority, some fraudsters also pretend to be linked to well-known international companies in order to appear legitimate. It cited the misuse of the name of Darazz, a Pakistan-based e-commerce company, as an example.

The CSA said victims are often encouraged to invest in fake schemes such as crypto-mining equipment rentals or online task platforms, but do not receive any returns after paying money.

It added that the operators frequently change names to avoid detection. Some of the names currently linked to the scams include Darazz, Daily Trade, Ghstore, KUKA and Edollar.

The authority has advised the public to be cautious of investment offers that promise unusually high returns and to avoid joining unsolicited WhatsApp groups promoting such schemes.

It also urged people to verify investment opportunities through official regulatory channels before sending money, and to report suspected scams to help ongoing investigations.