The Bank of Ghana (BoG) has warned against patronizing the World Remit money-doubling scam, calling it “fraudulent” and “failing to return investors as promised.”
“The Bank of Ghana (BoG) has discovered a money-doubling operation known as World Remit that is functioning in Ghana. This fraudulent scam is separate from “World Remit,” an internationally known Fintech that specializes in international financial transfers, according to a statement from the BoG.
“This technique encourages clients to choose preferred packages, after which the fraudsters produce a code with which they access their victims’ WhatsApp accounts for nefarious intents.”
“The Bank of Ghana confirms that it has not licensed any businesses or people engaged in money doubling,” the statement said.