The Securities and Exchange Commission (SEC) has warned the public to be vigilant of alleged fake investments by two social media platforms — News GH and Ghana News —luring Ghanaians into unlicensed investment schemes.
News GH, according to the Commission, has been advertising a product known as the Gold AI Rise Platform, an unlicensed scheme that falsely presents itself as a legitimate investment opportunity.
Likewise, Ghana News has been promoting an unnamed investment scheme promising high returns with no risk — a well-known characteristic of fraudulent operations.
In a statement dated Tuesday, July 1, 2025, the Commission revealed that both entities are operating outside the regulatory framework by promoting investment products without the necessary approval from the SEC.
The SEC has warned Ghanaians to avoid participating in such dubious schemes, which expose unsuspecting individuals to potential financial losses.
“General Public is hereby put on notice of the following list of entities operating on social media promoting and operating unlicensed investment products in the country. These entities are: News GH – advertising an unlicensed investment product called ‘Gold AI Rise Platform.’ Ghana News – advertising an unnamed unlicensed investment product, promising unrealistic returns at no risk.”
“The SEC has not licensed any of the above-mentioned entities to carry out Capital Market activities, as mandated by Section 3 of the Securities Industry Act, 2016 (Act 929) as amended,” the statement emphasised, adding that the Commission is actively working with security agencies to track down those behind these platforms.
