The Accra High Court has convicted two defendants, Linda Abakah and Solomon Ofosu, to one year in prison for conspiracy to commit theft, theft, and money laundering.
The Assin Fosu-based criminal organization was apprehended in April 2022 by the Economic and Organized Crime Office (EOCO), Ghana Association of Bankers (GAB), and Ghana Police Service.
The syndicate engaged in SIM swap fraud and fraudulent use of mobile banking applications.
consumers’ mobile numbers were switched without their knowledge through their fraudulent actions, and they acquired access to their mobile banking application to steal almost 257,000 Ghana Cedis from 11 consumers.
The two defendants were given a comparatively light sentence by the court because they had been detained for a long amount of time—six months—and since the majority of the profit or proceeds of the crime had not gone to them.
Additionally, they must each pay a fine of 2,000 penalty units or, in default, serve 24 months in jail with hard labor.
