422 Ghanaians, 3 Foreign Unlicensed Loan Operators nabbed

A total of 425 Ghanaian and Foreign individuals suspected of operating illegal loan applications have been apprehended in Accra.

The Cyber Security Authority, in collaboration with the Bank of Ghana and the Economic and Organized Crime Office (EOCO), conducted a coordinated operation to arrest these individuals.

The operation, which took place on Monday, July 10, targeted three different suburbs in Accra, resulting in the arrest of 422 Ghanaians and three foreign nationals involved in the illegal loan app activities.

During the operation, law enforcement agencies successfully seized 654 mobile phones, 22 laptop computers, and approximately 800 SIM cards, which are believed to be connected to the illegal activities.

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In an official statement, EOCO announced that the joint operation was conducted as part of the efforts of the Joint Cybersecurity Committee. The collaboration between the three institutions led to the successful swoop and the subsequent arrest of over 420 suspects involved in the illegal loan app operations.

Illegal Loan Operators

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