Bank of Ghana Warns Public Against Daily Wealth Guide Crypto Investment Scam

The Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) have warned the public against a fraudulent crypto investment scheme known as “Daily Wealth Guide.”

In a notice dated September 1, 2026, the two regulators cautioned Ghanaians against scammers who are promising huge financial returns through the purported crypto investment platform.

The regulators said a doctored video is currently circulating on social media, falsely portraying the President of Ghana, John Dramani Mahama, as endorsing the investment platform.

According to the BoG and SEC, the invitation to members of the public to deposit money into the scheme amounts to deposit-taking business, which is regulated under the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930).

Under Section 4(i) of Act 930, only a body corporate licensed by the Bank of Ghana is permitted to conduct deposit-taking business.

The Bank of Ghana stressed that it has not licensed any individual or entity to engage in crypto investment.

It therefore warned that persons or entities operating the alleged scheme are committing an offence and may be penalised and ordered to refund all funds received from members of the public.

The regulators further indicated that offenders could face an administrative penalty of between 500 and 100,000 penalty units under Section 53(3) of the Anti-Money Laundering Act, 2020 (Act 1044).

They added that individuals or entities involved in such activities could also be reported to law enforcement agencies for investigation and prosecution in accordance with Sections 1, 2, 3, 4 and 5 of Act 1044.

The Bank of Ghana has urged members of the public to verify the licensing status of individuals and companies with the Bank or other relevant regulatory authorities before depositing money with them.

The public has also been reminded to place deposits only with institutions that are properly licensed by the Bank of Ghana and other relevant authorities.

The central bank has also issued a strong warning to media organisations, including radio, television and online platforms, against advertising the alleged “foreign investors” or their investment products and services.

Media houses have been encouraged to independently verify the licensing status of such individuals or entities with the Bank of Ghana before allowing them to advertise on their platforms.

The BoG and SEC have urged the public not to participate in the scheme and to report suspected illegal activities to the Bank of Ghana.

Complaints and reports can be submitted to:

Financial Stability Department
Bank of Ghana
The Bank Square
42 Castle Road, Ridge
Accra, Ghana
P.O. Box 2674, Accra

Telephone: 030 266 5005; 059 691 2354; 050 150 2270
Email: complaints.office@bog.gov.gh

The regulators stressed that they will not hesitate to seek the assistance of law enforcement agencies to arrest and prosecute persons found culpable.

The notice, issued under Notice No. BG/GOV/SEC/2026/27, was signed by Aimee Vyda Quashie (Ms), Secretary of the Bank, on behalf of the Bank of Ghana on September 1, 2026.

The public has consequently been advised to exercise caution and verify investment opportunities before committing funds.

Notice No.27 – BOG-SEC-GOV-2026 – Notice -SCAM ALERT – DAILY WEALTH GUIDE