MTN Ghana sanctions 3,000 agents for mobile money fraud

Wednesday, November 1, 2017

Mobile Money operator, MTN, has sanctioned 3,000 mobile money agents allegedly caught in mobile money fraud in the last three months.

The move is part of efforts by the country’s biggest telecom company to sanitise and restore integrity to its mobile money platform.

In an interview on the sidelines of a media encounter with the Journalists for Business Advocacy (JBA) in Accra on Thursday, the Senior Manager for Anti-money Laundering, Compliance and Analytics at MTN Mobile Money, Mr Godwin Tamakloe, said some of the agents were currently being processed for prosecution.

“We are currently collaborating with the security agencies to process some of the fraudulent agents for court,” he stated.

According to him, some of the agents, after they had transacted business with the subscribers, called them back and later defrauded them, while other agents also overcharged subscribers.

Photo courtesy of Simone McCourtie.

Source: GhanaWeb (link opens in a new window)

fintech, telecommunications