{"id":64255,"date":"2024-01-11T07:16:51","date_gmt":"2024-01-11T07:16:51","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme"},"modified":"2024-01-11T07:58:47","modified_gmt":"2024-01-11T07:58:47","slug":"pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme","title":{"rendered":"Pacminer swindles close to 800k Ghanaians in online investment scheme"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>An online investment platform known as Pacminer is reported to have defrauded close to 800,000 Ghanaian investors, with others losing over GHS 90,000 as the company is said to have vanished.<\/b><\/p>\n

The company attracted investors by offering cloud-computing capacity for mining digital currencies like cryptocurrency. This lucrative cryptocurrency mining venture caught the attention of many people until the online platform came to a halt between December 26 and 27 last year.<\/p>\n

According to reports, the modus operandi of Pacminer was that investors were convinced to purchase a machine and activate it daily, claiming that their funds were being used for mining operations.<\/p>\n

But as the real story came to light, it was clear that Pacminer\u2019s claims were all fabricated. Many investors were left feeling hopeless when attempts to take money out of their Pacminer accounts did not work.<\/p>\n

Investors\u2019 worries were heightened by the fact that the official WhatsApp groups and Pacminer\u2019s principal administrators have not spoken since the early hours of December 26, 2023.<\/p>\n

In addition to incurring significant financial losses, individual investors have also been refused the chance to withdraw their earnings from Pacminer, including those who assumed administrative duties.<\/p>\n

Pacminer users could not withdraw their money between December 24 and 27, there were serious concerns.<\/p>\n

However, to allay the fears of investors, the company justified that payments were not processed on holidays by the Telcos (MTN and VODAFONE).<\/p>\n

The company presented the Abisbank app as a remedy for the payment delays during one of its regular meetings. This allegedly gave the customers some level of assurance, which encouraged many investors to download and install the software to invest more.<\/p>\n

Reports say it turned out to be a highly invasive programme that granted access to users personal data, further compounding the plight of the victims.<\/p>\n

Meanwhile, a Certificate of Incorporation from the Registrar General\u2019s Department dated November 21, 2023, lists \u201cPacminer Technology Limited Company\u201d as the company.<\/p>\n

Fmr. SEC Director proposes tax on interest from Treasury Bills and bonds to boost Govt\u2019s revenue<\/p>\n

\u2018You invest in crypto currencies at your own risk\u2019 \u2013 SEC cautions<\/p>\n

It is, however, unclear if the Securities and Exchange Commission (SEC) regulated the company.<\/p>\n

The victims of Pacminer cut across corporate people, students, and graduates. Monies invested include loans and funds held for trust. Although some customers enjoyed returns on their investments, the majority of late investors had their funds locked up.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. An online investment platform known as Pacminer is reported to have defrauded close to 800,000 Ghanaian investors, with others losing over GHS 90,000 as the company is said to have vanished. The company attracted investors by offering cloud-computing capacity for mining digital currencies like cryptocurrency. This lucrative cryptocurrency mining venture caught the […]<\/p>\n","protected":false},"author":84,"featured_media":64254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-64255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nPacminer swindles close to 800k Ghanaians in online investment scheme - Ghana<\/title>\n<meta name=\"description\" content=\"An online investment platform known as Pacminer is reported to have defrauded close to 800,000 Ghanaian investors, wi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pacminer swindles close to 800k Ghanaians in online investment scheme\" \/>\n<meta property=\"og:description\" content=\"An online investment platform known as Pacminer is reported to have defrauded close to 800,000 Ghanaian investors, wi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-11T07:16:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-11T07:58:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/01\/sm_1704947093.101425.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"293\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Pacminer swindles close to 800k Ghanaians in online investment scheme\",\"datePublished\":\"2024-01-11T07:16:51+00:00\",\"dateModified\":\"2024-01-11T07:58:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\"},\"wordCount\":414,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/01\/sm_1704947093.101425.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/pacminer-swindles-close-to-800k-ghanaians-in-online-investment-scheme\",\"name\":\"Pacminer swindles close to 800k Ghanaians in online investment scheme - 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