GHANA:Telecom company staff arrested over mobile money fraud
A staff of one of the mobile telecommunication company's in the country has been arrested by the police for illegally infiltrating its database and using the information to commit fraud.
The employee without authorisation accesses the database of mobile money merchants and changes the registration details of customers in order to withdraw money from their accounts.
The staff, Alfred Douglas Siayor was arrested together with three accomplices namely Reginald Sackey, Bismark Nyantakyi and Aaron Laweh, a former employee after the company had detected a breach in its system.
The modus operandi of the suspects was with the help of an insider - Siayor who changes the mobile money pin (personal identification number) of customers in the database. They then acquire new SIM cards and use the pins to withdraw monies from merchants.
They successfully stole GH¢8,852 from their victims.
Briefing the media, Chief Superintendent Dr Gustav Herbert Yankson, director in-charge of the Cyber Crime Unit, said on July 22, 2017, one of the telecommunications companies (name withheld), reported at the unit of an unauthorized interference of electronic recording and stealing case against
Alfred Douglas Siayor, one of its employees.
During investigations, police found out Siayor had tampered with the information of the following merchants; Gold Green Office Equipment, Madwin Business Shopping Agency, Amygee Enterprise and Amevonnes Ventures.