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Tag Archives: PONZI SCHEME

Nigerian couple who obtained citizenship from Antigua flee after pointed in $53M Ponzi scheme

Antigua and Barbuda Prime Minister Gaston Browne has explicitly stated the fugitive Nigerian couple accused of being behind a Ponzi scheme that defrauded thousands of their customers out of around $53 million will be captured if they ever step foot in the Caribbean nation. Browne made those comments in response …

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TV presenter Bridget Otoo insists NAM1 runs Ponzi Scheme

A television personality in Ghana, Bridget Otoo, thinks Nana Appiah Mensah, Menzgold boss, runs a Ponzi Scheme. According to her, though some Menzgold customers have fallen for the ‘soothing’ words of the Zylofon Media and Menzgold Chief Executive Officer in the speech he presented to the media at MJ Grand …

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‘My customers not greedy; Menzgold not Ponzi’ – NAM1

The customers of Menzgold Ghana Limited are not greedy people, the CEO of the now-defunct gold-trading firm has said. “I do not subscribe to the assertion that Menzgold customers were greedy”, Nana Appiah Mensah told journalists on Monday, 19 August 2019 at a press conference. He also denied claims that …

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