{
  "id": 6586308,
  "title": "Digital fraud incidents rise 98% between 2022 and 2025 – BoG",
  "url": "https://urgent.news/2026/09/10/digital-fraud-incidents-rise-98-between-2022-and-2025-bog-6586308",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-10T12:22:53.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/digital-fraud-incidents-rise-98-between-2022-and-2025-bog/"
  },
  "original_language": "en",
  "account": "According to the Bank of Ghana, digital fraud incidents surged by 98% between 2022 and 2025, as criminals capitalize on the surge in digital transactions. The Central Bank attributes this steep rise to a shifting financial crime landscape, with fraudsters increasingly targeting digital platforms as more Ghanaians utilize electronic channels for payments and fund transfers. The Second Deputy Governor of the Bank of Ghana, Matilda Asante Asiedu, emphasized the need for a significant shift in combating financial crime, stating that it necessitates a change in strategy and mindset. Speaking at the opening of the 2026 Technical Committee Workshop of OCLAB, Asante Asiedu noted that while traditional banking fraud decreased, fraud across the broader financial ecosystem rose, primarily due to digital transactions. Asante Asiedu highlighted that the interconnected nature of financial institutions means a fraud incident at one institution can impact the entire system. She cited a 2023 intelligence-led operation against online fraudsters in Accra, which arrested 430 individuals, including three foreigners, recovered illicit funds, and led to convictions. Asante Asiedu emphasized the growing sophistication of criminals, requiring authorities to remain proactive. She announced COCLAB's restructuring into dedicated working groups for public sensitization, information sharing, and investigation, along with a steering committee for strategic direction. Asante Asiedu stressed that the success of COCLAB should be measured by tangible outcomes, such as stronger intelligence sharing, successful prosecutions, asset recovery, regulatory compliance, customer awareness, and a reduced incidence of financial crimes, aiming to deter fraudsters effectively.",
  "summary": "According to Central Bank, the sharp increase reflects a changing financial crime landscape, with fraudsters increasingly targeting digital platforms as more Ghanaians rely on electronic channels to make payments and transfer funds.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Digital fraud incidents rise 98% between 2022 and 2025 – BoG",
        "url": "https://urgent.news/2026/09/10/digital-fraud-incidents-rise-98-between-2022-and-2025-bog",
        "published": "2026-09-10T12:22:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}