Two Arrested for GH¢127 Million Cyber Theft in Ghana
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- •Two suspects arrested for a GH¢127 million cyber theft in Ghana.
- •Funds were transferred through unauthorized access to the company's financial systems.
- •Investigation continues with three additional suspects still at large.
Two individuals, Wisdom Mandy and Dennis Kudzo Letsa, were remanded for allegedly stealing GH¢127 million from a company via unauthorized access to its computer systems. The theft involved multiple unauthorized transactions detected between August 23 and August 30, 2026. The funds were transferred into various bank accounts across 12 financial institutions and MTN Mobile Money accounts. Mandy's businesses reportedly received substantial amounts of the stolen funds, including GH¢49.7 million and GH¢19.3 million. The investigation is ongoing, with three additional suspects still at large. The case is set to continue on September 22, 2026. The managing director of the affected company reported the incident to the police on August 31 after discovering the unauthorized transactions during a financial reconciliation.
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