The Securities and Exchange Commission (SEC) is investigating an alleged investment scam. The scam involves a company called Creative Walker Promotion Company (CWPC).

Thousands of Ghanaians are believed to have lost money. This is according to reports circulating on social media over the weekend.

The SEC is collaborating with the Cyber Security Authority (CSA) to look into the matter. The online platform associated with CWPC has reportedly collapsed.

Details about the total amount lost are still emerging. Investigations are underway to determine the full extent of the fraud.

The SEC urges the public to exercise caution with investment schemes. They advise seeking information from official sources before investing.