Security agencies hunt for crypto-currency fraudsters

Security agencies hunt for crypto-currency fraudsters

- EOCO and the CID are currently on the hunt for the directors of the Global Coin Community Help (GCCH), Kwaku Damete Kumi and David Opatey.

- The suspects reportedly took almost GHC4 million in deposits from clients

- The least depositor reportedly had GH¢5,000, while the highest depositor had more than GH¢200,000 in his or her account.

The Economic and Organised Crime Office (EOCO) and the Criminal Investigations Department (CID) of the Ghana Police Service (GPS) are searching for two men who have allegedly defrauded over 3000 people.

YEN.com.gh understands that the suspects are the directors of an unlicensed company name, the Global Coin Community Help (GCCH), which is a deposit-taking institution.

The directors of GCCH are reported to have absconded with more than GHC4 million of funds from depositors.

Photos of two men

The suspects, Kwaku Damete Kumi and David Opatey. Source: graphic.com.gh
Source: UGC

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GCCH began as a deposit-operating institution, but later transformed into a cryto-currency trading entity, which gave its customers 27 per cent earnings every month for a year.

After that, the customers will lose their principal deposits and any further earnings on their investments.

“Yes, we have received complaints from the Bank of Ghana (BoG) and some of the depositors who have lost their deposits in the Global Coin Community Help and so we are on the lookout for the directors,” EOCO’s Executive Director, K.K. Amoah said.

The GCCH directors who are being hunted by the security agencies are Kwaku Damete Kumi and David Opatey.

The least depositor reportedly had GH¢5,000, while the highest depositor had more than GH¢200,000 in his or her account.

At the moment, the GCCH offices in Nsawam in the Eastern Region and Haatso in the Greater Accra Region have been shut down and customers have formed pressure groups to petition state security and investigative agencies to arrest the directors of the company.

READ ALSO: 18-year-old convict breaks out of prison (Photos)

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Source: Yen.com.gh

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