Fraud cases jumped in Ghana's financial sector last year. Most of these problems happened with mobile money.
Eric Cab-Beyuo, who leads the Fraud Investigations and Reporting Unit at the Bank of Ghana, spoke about this issue. He said that regular banks and some other financial companies are doing better at stopping fraud.
However, companies that provide payment services are still facing challenges. These companies handle the systems used for mobile money transactions.
Mr. Cab-Beyuo explained that fraudsters are not using computer hacking to steal money.
Instead, they trick people into giving away their money or personal details. This often plays on people's emotions or their lack of knowledge about how these scams work.
The Bank of Ghana is working to address this. They want to make sure people understand the risks and know how to protect themselves.
The unit aims to improve security and awareness across all financial services.
This effort is important to keep people's money safe in the digital age.