Say It Loud

Comment: Could Menzgold Have Paid Its Clients?

Author:
DtM
Date:
2019-01-11 21:22:10


Aggrieved customers of Menzgold have been demonstrating, claiming that given more time the company could have paid them their deposits back. Perhaps!

Menzgold was just another variation of the various pyramid schemes. In view of how the schemes work, another set of investors would have to lose their money before those who have now been duped could get their investments back. The promoters know that there is a saturation point when it will collapse, when they can not get new investors anymore, and when that point is near they always run away.

NAM1 is just like our fly-away nkonfems - they're gone forever.
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DtM on 01-11 21:22
Could Menzgold Have Paid Its Clients?