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Fraud alert! MMM Ghana operating ‘Ponzi scheme’ – BoG warns

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Read Comments Comments (19)

  • Alfred Abelemkpe, Accra 6 years ago

    So why are they not arrested?

  • Pias 6 years ago

    Sorry but our leaders are timid

  • Ugly akufo addo 6 years ago

    He must confers of his aid death if not he will have no peace

  • Nana1 6 years ago

    Your foolish father who couldn't even give you anything in life is respected by you, you shall die mysteriously

  • Kd 6 years ago

    So they have no license and you can't arrest them, What a country are we in.

  • Mensah 6 years ago

    I believe the microfinance investment money nationwide is in the hands of the gov. And that it shd be paid with all interest to date. But as Ghanaians wish the investors well so must it be so with Ghana Ivory Coast. Ghana wil ...
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  • Mensah 6 years ago

    Mfund and other fund operators both at databank and elsewhere do not have right license to work with. And it is not only mmmGhana alone. BoG should arrest to clear them out of market instead.Thank you

  • Yes 6 years ago

    Arrrested or not the BoG had done well to inform the public. Lets appreciate that and pass it on!

  • nana 6 years ago

    BOG why don't you shut their operations down before people get hurt?

  • 3dem 6 years ago

    This ponzi scheme was in Nigeria lady year. They folded up and ran away with people's money. Many are still crying from being swindled. You join at your own risk.

  • truth 6 years ago

    The laws of the land must protect Ghanaians.

  • Agradaa 6 years ago

    So shut them down

  • qerch 6 years ago

    How many people in Ghana reads or are educated enough to know of this illegal deal?so why not the government arrest them and close the company down to avoid people falling in to victim

  • KWAME MOSI 6 years ago

    WHY NOT SHOT THEM DOWN AND PROSECUTE THOSE WHO HAVE VIOLATED THE BANKING LAWS. ITS VERY SIMPLE BOG

  • Dave 6 years ago

    MMM is not in a location. They don't have an office. They don't have a deposit account or a centralized acct which BOG can access and freeze. There are no faces behind it as well because the main owner Mavrodi is based in Rus ...
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  • Uncle Dan 6 years ago

    Remember the case of DKM etc. and clamp them down immediately before they cause harm. The paper publication is not enough. How many Ghanaians read newspapers to get this information. Please act now.

  • Powerful spritualist +233547122212 6 years ago

    Powerful spritualist, Your better days is not tomorrow us you expect but is just on your on hands Nana red powers spritual center makes it so easy and you will never regret in your life, I help people in the following (1) ins ...
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  • Nshyira 6 years ago

    This is what the local radio stations should do, take news like this to the local areas in a language they would understand. That would help. Thanks

  • SLIMMART 6 years ago

    BOG, APART FROM WARNING THE PUBLIC, JUST SHUT DOWN THEIR OPERATIONS. YOU HAVE THE AUTHORITY TO DO SO. THIS REMINDS ME OF THE 1990s WHEN PYRAM FINANCIAL SERVICES CAME INTO THE PICTURE IN THE SAME MANNER, PAYING 50% MONTHLY INT ...
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