Nana Appiah Mensah’s ‘glitches’ keeps increasing and this time around another revelation has been brought out concerning where Ghanaians’ Menzgold returns might be ‘resting’.
Eric pope Akaah, a US-based Ghanaian has narrated to Kofi TV how he and Nana Appiah Mensah shared the same platform to Bitworld Center and Cryptoworld, two international platforms that operated as a Ponzi scheme in the US which later turned disastrous.
The two financial institutions according to Mr Akaah provided its customers with mouth-watering yields but ended up defrauding lots of customers of which he suspects the embattled Menzgold boss whom many refer to as NAM1 was inclusive.
The gentleman indicated that associates from Bitworld Center made up to 2.9% per night over investments or as much as 3 times the seed money which attracted a lot of customers.
To prove his point, he mentioned that Menzgold’s predicaments begun just a day after the two organizations ‘vanished into thin air’.
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He added that those who fell victims to the scam were patrons who kept investing more of their profits and with Menzgold’s business model, he is sure NAM1 invested the company’s money into the ‘malicious’ business.
“What happened to Ghana is unfortunate. There was this platform called Bitworld center. The higher the number of people you bring, the higher your returns. Whatever you put in at the end of the night, you’ll be given 2.9%. I realized NAM1 was also on the platform. Menzgold collapsed a day after Bitworld center collapsed and Cryptoworld followed suit. I don’t know if NAM1 is saving elsewhere but I’m not sure NAM1 can get Ghanaians’ money for them because his source of investment has crashed. One day we woke up only to find out that the two companies were no more in existence. Just like that. If you even trace their domain name on google, you would find nothing,” he stated.
What is really happening?
Menzgold is reported to have a client base of about 60,000, all of them promised between 7% to 10% returns on special gold collectibles bought and deposited with the company.
The scheme which runs for about four years finally came to an end after the Securities and Exchange Commission (SEC) ordered the flashy company to halt its unlicensed operations.
Since the order last September, customers have endured no small frustration in getting the company and its socialite CEO, Nana Appiah Mensah to refund their monies.
He is said to have absconded, although the company’s PRO has said he has traveled abroad to look for money to pay customers.
Meanwhile, a warrant has been issued for his arrest whiles the police has said Interpol with a presence in 194 countries will assist in apprehending the man wanted for defrauding by false pretense and money laundering.
Menzgold customers have expressed delight that the state is finally taking steps to get Nana Appiah Mensah to account for their monies
watch the full interview below
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