SECURITIES / INVESTMENTS MARKET

GIPC cautions public against fraudulent MoMo solicitations

The Ghana Investment Promotion Centre (GIPC) has cautioned the public about a scam involving individuals impersonating GIPC staff and requesting mobile money payments from investors and businesses for registration with the GIPC or renewal of certificates.

The Centre, in a press release said emphatically that it did not solicit mobile money payments for any of its services.

“All services by the GIPC are conducted through a well-defined procedure (outlined on the GIPC website @ https://www.gipc.gov.gh/investor-guide/) that does not involve mobile money transfers,.” the statement read

According to the release, “all legitimate GIPC fees are clearly outlined on the Centre’s website and can only be paid through bank transfers or banker’s drafts made payable directly to the Ghana Investment Promotion Centre.”

The GIPC therefore advised the public to be wary of any individual or entity requesting mobile money payments in its name.

“If you encounter such a situation, please do not engage. However, report the incident to law enforcement and inform the Centre,” the statement said.

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