Warning Against Yepbit Exchange and Bonchat Platforms - Suspected Fraudulent Investment Schemes

The Securities and Exchange Commission, Ghana, warns the public that Yepbit Exchange and Bonchat are unlicensed entities suspected of operating fraudulent investment schemes through digital or crypto-asset platforms. The notice prohibits the public from investing in these platforms and advises verifying the licensing status of any investment service provider before committing funds. Investors are further instructed to avoid schemes promising guaranteed high returns or those relying on recruiting others for earnings, and to report suspicious activities to the Commission.

SEC published 5 documents in the last 30 days — get each new one by email the day it lands.

The Securities and Exchange Commission, Ghana (“the SEC”), is mandated to regulate and promote the growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected.

The SEC wishes to alert the General Public to a suspected fraudulent investment scheme operating under the name(s) YEPBIT EXCHANGE and BONCHAT, which is soliciting investments from members of the public, including through digital/crypto-asset platforms. YEPBIT EXCHANGE and BONCHAT are not licensed by the SEC.

The SEC advises members of the public to:

Verify the licensing status of any entity offering investment or trading services by contacting the SEC before investing;

Be wary of schemes promising unusually high or guaranteed returns;

Avoid schemes where earnings depend primarily on recruiting others; and

Report suspicious platforms to the SEC.

For further information, kindly send an email to info@sec.gov.gh/vasp@sec.gov.gh , call +233-302-768970-2 or the toll-free line, 0800100065, or visit the SEC website at www.sec.gov.gh .

This Public Notice is issued pursuant to sections 3 and 208(c) of the Securities Industry Act, 2016 (Act 929), as amended.

BY ORDER OF

THE EXECUTIVE MANAGEMENT OF THE

SECURITIES AND EXCHANGE COMMISSION

DATED: 15
TH
JULY 2026

(NOTICE NO. SEC/PN/001/07/2026)

Email me when SEC publishes something newOne email per publication, same day. Sign in below to keep reading.

Source: Securities and Exchange Commission Ghana — original document

Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

More from Securities and Exchange Commission Ghana

All documents →