The Bank of Ghana (BoG) has issued a fresh scam alert warning Ghanaians about a fraudulent investment scheme operating under the name “Daily Wealth Guide.”
The warning, dated 1 September 2026, concerns a doctored video circulating on social media that allegedly shows Ghana’s President, John Dramani Mahama, endorsing the investment platform. The Bank of Ghana says the video is fake and is being used to promote a scheme promising high returns through cryptocurrency investments.
This article explains what the Bank of Ghana said, why the “Daily Wealth Guide” promotion is a serious warning sign, and what Ghanaians should do before depositing money with an investment platform.
What Is the “Daily Wealth Guide” Scam?
According to the Bank of Ghana, “Daily Wealth Guide” is the name being used in a fraudulent crypto-investment promotion circulating on social media.
The scheme reportedly promises members of the public high sums of money through a cryptocurrency investment platform.
One of the most concerning elements is the use of a doctored video that purportedly shows President John Dramani Mahama endorsing the platform.
The Bank of Ghana and the Securities and Exchange Commission (SEC) have warned the public against believing this endorsement.
The official notice is Notice No. BG/GOV/SEC/2026/27 – “Scam Alert – Daily Wealth Guide.” It was issued on 1 September 2026.
Is Daily Wealth Guide Legit?
Ghanaians should not treat Daily Wealth Guide as a legitimate investment opportunity based on the claims circulating online.
More importantly, the Bank of Ghana specifically states that it has not licensed any entity or individual to engage in crypto investment in connection with the scheme described in its warning.
The regulator also warns that individuals or entities involved in such activities may face penalties and may be required to refund funds received.
Therefore, anyone who encounters advertisements, social-media posts, videos or messages promoting Daily Wealth Guide should exercise extreme caution and should not send money simply because the promotion claims to have government backing.
Fake President Mahama Video Used to Promote the Scheme
A major feature of the scam is reportedly a manipulated or doctored video.
The video allegedly makes it appear as though the President of Ghana is endorsing Daily Wealth Guide.
This is an increasingly common technique in online financial scams: scammers may use the images, voices or videos of well-known public figures to make an investment opportunity appear official.
However, an appearance by a politician, celebrity, financial expert or other prominent person in a social-media video does not prove that an investment platform is genuine.
The Bank of Ghana’s warning is particularly important because the alleged presidential endorsement is being used to encourage people to invest.
How the Daily Wealth Guide Scam Works
Based on the Bank of Ghana’s notice, the scheme appears to follow a pattern in which people are encouraged to deposit money into an investment platform with promises of substantial returns.
A typical scam of this nature may involve:
- A social-media advertisement or video attracts potential investors.
- A famous person or government official appears to endorse the opportunity.
- Users are encouraged to believe that the platform is officially supported.
- The promotion promises high or unusually attractive returns.
- Victims are instructed to deposit money.
- Scammers may subsequently request additional payments or fees.
- The victim may eventually discover that they cannot withdraw their money.
The exact operation of the Daily Wealth Guide scheme may vary, so people should rely on official regulatory information rather than claims made by promoters.
Why You Should Be Careful With Investment Platforms Promising High Returns
Promises of easy or guaranteed wealth should always be treated carefully.
A legitimate investment normally involves some level of risk. Therefore, advertisements suggesting that people can quickly turn relatively small deposits into large amounts of money deserve additional scrutiny.
Some common warning signs include:
- Guaranteed or unusually high returns
- Pressure to deposit money immediately
- Claims that the government or president supports the platform
- Celebrity or politician endorsement videos
- Requests to pay through personal accounts or unusual payment channels
- Referral bonuses for recruiting other people
- Pressure to recruit friends and family
- Lack of verifiable licensing information
- No clear physical address or responsible company
- Difficulty withdrawing money
- Requests for additional payments before withdrawals are processed
Seeing one of these signs does not automatically prove fraud, but several together should be treated as a serious warning.
What Does the Bank of Ghana Say About Licensing?
The Bank of Ghana’s notice emphasizes that members of the public should verify the licensing status of individuals or entities before depositing funds.
The regulator also reminds the public to place deposits only with institutions licensed by the appropriate authorities.
This is an important lesson for anyone considering an online investment, savings or financial platform in Ghana.
Do not assume that a company is licensed simply because:
- It has a professional-looking website.
- It has thousands of followers.
- It appears in Facebook or TikTok advertisements.
- A famous person appears in its promotional video.
- People online claim they have made money from it.
- The platform displays a government logo.
Licensing should be independently verified with the relevant regulator.
Bank of Ghana Warns Media Outlets
The warning is not directed only at potential investors.
The Bank of Ghana also called on radio stations, television stations and online media platforms not to advertise these supposed “foreign investors” without first verifying their licensing status.
This is significant because financial scams can spread rapidly when advertisements are published without proper verification.
The regulator encouraged media organisations to check the licensing status of financial entities before promoting their products or services.
What Laws Does the Bank of Ghana Refer To?
The notice refers to Ghana’s financial and anti-money-laundering legislation.
It states that under Section 4(i) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), only a body corporate licensed by the Bank of Ghana may carry out deposit-taking business.
The notice also references the Anti-Money Laundering Act, 2020 (Act 1044).
The Bank says persons or entities engaging in the prohibited activities could face enforcement action, including penalties and investigation by law-enforcement authorities.
Penalties Mentioned in the Bank of Ghana Warning
The notice states that individuals or entities involved in the activities described may be liable to an administrative penalty of 500–100,000 penalty units, in accordance with Section 53(3) of Act 1044.
The Bank further says that persons involved may be reported to law-enforcement agencies for investigation and prosecution under the relevant provisions of the Anti-Money Laundering Act.
This demonstrates that the regulator considers the activities described in the alert to be serious.
What Should You Do If You See a Daily Wealth Guide Advertisement?
If you encounter a Daily Wealth Guide advertisement, social-media post, WhatsApp message or video:
1. Don’t send money immediately
Do not make a deposit simply because the promotion promises quick profits.
2. Don’t trust the video alone
A video featuring a political leader or celebrity can be manipulated.
3. Verify licensing
Check with the relevant Ghanaian financial regulator before depositing money with an investment company.
4. Don’t share sensitive financial information
Avoid giving unknown operators passwords, PINs, authentication codes or other sensitive financial credentials.
5. Don’t recruit other people
If you are uncertain whether an investment scheme is legitimate, don’t encourage friends or relatives to participate.
6. Report suspicious activity
The Bank of Ghana encourages the public to report suspected illegal activities to the appropriate authorities.
How to Report the Scam to the Bank of Ghana
According to the notice, complaints and reports can be directed to the Financial Stability Department of the Bank of Ghana.
The notice provides the following contact details:
Bank of Ghana
Financial Stability Department
The Bank Square
42 Castle Road
Ridge, Accra
P.O. Box GP 2674, Accra, Ghana
Telephone: 030 266 5005; 059 691 2354; 050 150 2270
Email: complaints.office@bog.gov.gh
The Bank says the public should report illegal activities and that it will work with law-enforcement agencies where necessary.
For the latest official notices, use the Bank of Ghana official website.
Bank of Ghana Daily Wealth Guide Scam Alert: Key Facts
| Detail | Information |
|---|---|
| Scam name | Daily Wealth Guide |
| Country | Ghana |
| Warning issued by | Bank of Ghana and Securities and Exchange Commission |
| Notice number | BG/GOV/SEC/2026/27 |
| Date | 1 September 2026 |
| Type of promotion | Crypto/investment scheme |
| Fake endorsement | Doctored video allegedly involving President Mahama |
| Main warning | Do not deposit funds without verifying licensing |
| Regulator’s position | BoG says it has not licensed an entity or individual to engage in the crypto investment described |
| Public advice | Verify licensing before depositing money |
| Report suspicious activity | Bank of Ghana Financial Stability Department |
Is Cryptocurrency Automatically a Scam?
No.
The Bank of Ghana’s warning about Daily Wealth Guide should not be interpreted to mean that every cryptocurrency-related activity is automatically a scam.
The important issue is whether the particular entity or activity is properly authorised, compliant with applicable laws and honestly represented to the public.
Ghana has a regulatory framework covering different parts of the financial sector, and the Bank of Ghana provides information about financial institutions and regulatory responsibilities on its official platform.
The key lesson is to verify the specific platform rather than relying on general claims about cryptocurrency or online investments.
How to Identify a Potential Online Investment Scam in Ghana
Before depositing money, ask these questions:
Who owns the company?
Can you independently identify the company and its responsible directors?
Who regulates it?
Which Ghanaian regulator supervises its activities?
Is the licence genuine?
Don’t rely solely on a licence number displayed on a website. Verify it through the regulator.
Where will my money go?
Be cautious if the company cannot clearly explain how funds are held and invested.
Can I withdraw my money?
Understand the withdrawal rules before depositing anything.
Are the returns realistic?
Extremely high or guaranteed returns are a major warning sign.
Why am I being pressured to act today?
Legitimate financial decisions generally should not require you to make an immediate deposit because of a countdown timer or social-media promotion.
Don’t Be Fooled by Fake Government Endorsements
One of the biggest lessons from the Daily Wealth Guide warning is that government impersonation can make a scam appear credible.
Scammers can manipulate videos, photographs, audio recordings and screenshots.
Therefore, if you see a video claiming that the President, Bank of Ghana, government ministry or another official institution is promoting an investment opportunity, verify the claim through the institution’s official communication channels.
A genuine government endorsement should not need to be established solely through a random social-media advertisement.
Final Verdict: Should You Invest in Daily Wealth Guide?
No—do not deposit money into the Daily Wealth Guide scheme described in the Bank of Ghana’s scam alert.
The Bank of Ghana has officially warned the public about the scheme and says the purported presidential endorsement is based on a doctored video. The Bank also says it has not licensed any entity or individual to engage in the crypto investment activity described in the notice.
The safest approach is to avoid sending money to promoters until their regulatory status has been independently verified.
If you have already sent money to someone promoting the scheme, keep records of communications, payment confirmations and other relevant evidence and contact the appropriate financial or law-enforcement authorities.
Bottom line
Don’t let a fake celebrity or presidential endorsement convince you to invest. Verify first, protect your money and report suspicious financial schemes.
Frequently Asked Questions
Is Daily Wealth Guide legit in Ghana?
The Bank of Ghana has issued an official scam alert concerning the Daily Wealth Guide promotion and says it has not licensed an entity or individual to engage in the crypto investment activity described.
Did President Mahama endorse Daily Wealth Guide?
The Bank of Ghana says a doctored video circulating on social media falsely portrays President John Dramani Mahama as endorsing the platform.
Is Daily Wealth Guide a Bank of Ghana investment?
No. The Bank of Ghana’s warning states that it has not licensed an entity or individual to engage in the crypto investment activity described in the alert.
What should I do before investing online in Ghana?
Verify the company’s identity, regulatory status and licence with the appropriate Ghanaian authorities before depositing money.
Where can I report a suspected financial scam in Ghana?
The Bank of Ghana notice provides the Financial Stability Department as a reporting point and lists 030 266 5005, 059 691 2354 and 050 150 2270, as well as complaints.office@bog.gov.gh.
When was the Daily Wealth Guide warning issued?
The Bank of Ghana published Notice No. BG/GOV/SEC/2026/27 on 1 September 2026.
Source: Bank of Ghana, Notice No. 27 – Scam Alert – Daily Wealth Guide, dated 1 September 2026.