A press release from the Ghana Police Service has cautioned the general public against a new strategy devised by hardened criminals to perpetrate mobile money (MoMo) fraud on unsuspecting victims.
According to the Police Public Affairs unit, the re-emergence of this fraudulent act seeks to defraud both a MoMo vendor and a targeted victim.
In a statement signed by the Head of Public Affairs Unit, DSP Effia Tenge, it noted that though there may be many modus operandi associated with their (fraudsters) operations, this has now become common practice.
The statement also added that it has received more reported cases of this mode where the fraudster sends an SMS notification to the victim.
The SMS will indicate that the targeted victim has been credited with money for winning a promotion.
Then the victim is advised through a warning to get a vendor to quickly block a scam attempt which has been detected by the mobile operator (MTN) to defraud the victim.
The fraudster then asks to speak to the MoMo vendor directly from the victims phone. But on the blind side of the victim, the fraudster would authorise a cash transfer from the vendor to him, which the victim is expected to pay to back to the vendor.
After the transaction is completed, the vendor then asks the victim to pay the cash only to realise they have both been defrauded.
The Police therefore advices the general public to beware of this new scam being perpetrated by the MoMo fraudsters.
1. MoMo vendor should always collect the cash before making a money transfer.
2. MoMo subscribers should remain vigilant and not fall prey to giving out PIN details to anybody purporting to be a staff of any mobile networks.
3. Finally, the public must remember that authentic SMS’s from MTN always have an existing trend; they are headed as “MobileMoney” in the inboxes. So beware of such SMS coming from personal numbers; they are fraudulent.
Full Press Release below: