A 25-year-old National Service Person, Jesper Kobina Mensah, has been arrested in Nungua for his alleged role in a major financial theft involving Gh¢303,950 belonging to a Ghanaian man based in South Africa.
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According to police reports, Jesper is suspected of masterminding the siphoning of the funds from a Stanbic Bank Ghana Limited account, using a sophisticated network of MTN Mobile Money accounts registered under different names, including Abraham Seidu, Stephen Eshun, and Fatau Sulley.
How the Alleged Heist Was Orchestrated
Investigators say the stolen money was funneled through multiple MoMo accounts in a classic case of digital fraud. The main suspect, Jesper, is alleged to have coordinated the entire transfer process, working closely with Fatau Sulley, identified as a Binance USDT merchant.
Both Jesper and Sulley, however, have denied the allegations. They claim they were merely engaged in cedi-to-crypto conversions on behalf of unidentified Chinese nationals.
Items Found in Jesper’s Possession
The arrest led to a shocking discovery of tools and devices linked to the alleged fraud. Among the items retrieved were:
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Multiple mobile phones
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Two laptops
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108 registered SIM cards
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27 empty Telecel SIM starter packs
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72 registered MTN SIM cards
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88 empty MTN SIM starter packs
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Other digital devices suspected to be used in online fraud operations
The large cache of SIM cards and electronic gadgets, according to experts, suggests a well-organized scheme involving SIM swap fraud and digital money laundering tactics.
The Bigger Picture: Digital Fraud on the Rise
This arrest comes at a time when cybercrime and mobile money fraud are rising in Ghana, with fraudsters increasingly targeting banks and unsuspecting customers through SIM manipulation, phishing, and crypto laundering methods.
Authorities are warning the public to remain vigilant and to report suspicious financial activities, as fraud networks are becoming more sophisticated and international in scope.
What Happens Next?
Jesper and his alleged accomplice are expected to face court proceedings as investigations continue. The police are also working to trace the identities of the so-called Chinese nationals linked to the case, which may reveal a wider fraud syndicate operating across borders.
