GOIL Alerts Public to Rising Online Investment Scams
Ghana Oil Company PLC (GOIL) is urging the public to exercise extreme caution regarding fraudulent investment schemes circulating on social media and through fake websites. These scams falsely advertise investment opportunities using the GOIL name, promising unrealistic monthly returns. The company has officially denounced these activities, clarifying that they are entirely unauthorized and deceptive.
Spotting the Fake Investment Schemes
GOIL’s Corporate Affairs Department released a statement on October 2, 2025, addressing the growing concern over these fraudulent online activities. The company explicitly stated that it has not launched any investment program that guarantees monthly profits on shares or investment cards. These deceptive promotions often utilize GOIL’s logo and branding without permission, aiming to lure unsuspecting individuals with promises of quick and easy wealth. GOIL strongly advises the public to be vigilant and to verify any investment opportunities claiming affiliation with the company through official GOIL channels.
GOIL’s warning underscores the increasing prevalence of online scams targeting individuals seeking investment opportunities. The public is urged to conduct thorough research and exercise due diligence before engaging with any online investment platform, particularly those promising guaranteed high returns. Always verify the legitimacy of the offering directly with the purported company through official channels.
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