Stanbic Bank Ghana: National Service Person In Court Over GH¢303,950 Theft
An Accra Circuit Court has remanded a 25-year-old National Service Person, Jesper Kobina Mensah, into police custody for allegedly stealing GH¢303,950 from a Stanbic Bank customer's account. Mensah is accused of unauthorized electronic transfers that moved the money to his mobile money wallet.
Details of the Alleged Crime
According to reports, the customer, based in South Africa, detected the unauthorized transactions on July 15, 2025. The funds were allegedly moved into multiple mobile money wallets, leading to the arrest of a Binance merchant who claimed to be a middleman in cryptocurrency trades.
Accused Pleads Not Guilty
Mensah pleaded not guilty to charges of stealing under Section 124(1) of the Criminal Offences Act, 1960 (Act 29) and Section 107 of the Electronic Transactions Act, 2008 (Act 772). His bail application was denied to allow investigators to complete their work.
Items Linked to Digital Fraud Found
Police intelligence led to Mensah's arrest in Nungua, Accra. A search uncovered items linked to digital fraud, including nine mobile phones, two laptops, 108 registered SIM cards, and dozens of empty SIM card packages.
Implications for Stanbic Bank Customers
This incident highlights the need for increased vigilance regarding electronic banking security. Stanbic Bank Ghana is expected to review its security protocols to prevent future occurrences and reassure customers about the safety of their funds.
- Customers should regularly monitor their accounts for suspicious activity.
- Enable transaction alerts to receive immediate notifications.
- Be cautious of phishing scams and unsolicited requests for personal information.