GCB Bank alerts public to fake “AfriQuantumX” investment scam

GCB Bank PLC has issued a strong warning to customers and the wider public over a fraudulent online scheme operating under the label “AfriQuantumX,” which falsely suggests links with the bank.

In a public notice released on Tuesday, September 16, GCB made clear: “GCB Bank PLC warns the public against fake ‘AfriQuantumX’ investment post.”

The bank explained that the circulating message is deceptive, noting that it uses GCB’s official logo without authorization, features an unrelated video, and directs unsuspecting people to a website not owned by the bank. “GCB has not launched any product by this name,” the statement stressed.

GCB advised individuals not to interact with the fraudulent post in any way. 

“The Bank advises the public not to click, not to share personal or banking details, and not to transfer funds in response to this post,” the statement cautioned.

Instead, the bank urged all customers to rely only on verified sources. 

“Customers and the general public are advised to visit the Bank’s official channels to verify any such communications on the Bank and its products,” it added.

Reassuring its clients, the bank reaffirmed: 

“GCB Bank PLC remains committed to safeguarding customers and combating online fraud.”

The alert comes as cybercriminals increasingly exploit social media platforms to promote fake investment opportunities, raising fresh concerns about digital safety in Ghana’s financial space.