Ponzi scheme
Ponzi Schemes Increasing in Ghana Because of Greed & Laxity in Our Laws
Chartered Economist, Emmanuel Amoah Darkwa, has suggested the laxity in the law that regulates the banking sector has...
Ponzi Schemes Increasing in Ghana Because of Greed & Laxity in Our Laws
Chartered Economist, Emmanuel Amoah Darkwa, has suggested the laxity in the law that regulates the banking sector has...
Benin, A Ponzi Scheme and A Long Wait For Answers
Sadiatou used to be a well-off trader of traditional cloth at the market in Benin's economic hub of Cotonou but now...
Police Arrest Two Over Blacklisted MMM Microfinance
At least two persons have been arrested by the Police for allegedly luring some unsuspecting persons to subscribe unto...
Collaborate With Interpol, Others To Stop MMM – Consultant
Analysts in the e-crime space have impressed the Bank of Ghana (BoG) to strengthen its collaboration with security...
BoG Warns Against Doing Business With MMM
The Bank of Ghana (BoG) has cautioned the public against doing business with ponzi scheme, MMM. The caution comes after...
Fraud Alert! MMM Ghana Operating ‘Ponzi Scheme’ – BoG Warns
The Bank of Ghana has warned the public against the activities of a company it says has been taking cash deposits...
The Rise Of Financial Scams In Ghana
Investments that promise extraordinary returns with very little or nonexistent risks are most people`s taste and...
Ponzi Scheme Blamed For Financial Misery In Ghana
Many people in Ghana have lost money by investing in a Russian-backed Ponzi scheme which promises huge profits. The...
A.K.A. Many Miseries Multiplied
THE MEANING OF MMM - In truth, MMM is a Ponzi scheme. Wikipedia defines a Ponzi scheme as “a fraudulent investment...