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By: Samuel Asamoah
The Securities and Exchange Commission (SEC) of Ghana has issued a public alert cautioning citizens against engaging with two entities—News GH and Ghana News—which have been identified as operating unlicensed investment schemes on social media.
In a public notice released on July 1, 2025, the SEC stated that News GH is promoting an unapproved investment product dubbed the “Gold AI Rise Platform,” while Ghana News is advertising an unnamed investment scheme that falsely promises guaranteed high returns at no risk.
The regulatory body emphasized that neither entity has been licensed to operate within Ghana’s capital market space, as required by the Securities Industry Act, 2016 (Act 929) and its 2021 amendment (Act 1062).
“The SEC has not licensed any of the above-mentioned entities to carry out Capital Market activities,” the statement read, warning that such operations are illegal and a threat to investor safety.
The Commission assured the public that it is working in collaboration with law enforcement to clamp down on operators of unlicensed schemes and protect the integrity of the country’s securities market.
The notice forms part of the SEC’s continuous effort to ensure a transparent, fair, and efficient investment environment in Ghana. Citizens are strongly advised to exercise due diligence and remain alert to avoid falling victim to fraudulent investment offers.
The SEC reiterated its commitment to monitoring and exposing unregulated financial schemes and urged the public to stay informed through official updates published at regular intervals.
