Such nonsense. When you were taking your 10% did you tell us? Did you tell the President to speak? When SEC and BOG were warning you, did you not warn us to leave the man and you alone?
There is too much nonsense in this town. Too much stupidity and too much greed. The citizens mess up and immediately they want the state to recover their monies for them. Did you sign a contract with the state or with Menzgold? Your kids are unlucky enough to have been born to a reckless, greedy, stupid mother who carried all her money into a ponzi despite the warnings.
There are lots of guys suffering too but what they did was not to carry all the money they have in life into this. They understood the risk and enjoyed whiles they could. When the enjoyment seized, they accepted it quietly and are there in their one corner.
I am ok with government trying to locate that scam of a man and using the law to have him liquidate whatever properties he has to settle people - that's if the law allows it. But if government tries to use our tax money to pay a bunch of stupid, greedy, hardened-ear investors, the protests they will see on the streets won't be the 20 or 50 people that came out as victims.
Stupidity and greed must have a price.
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Source: Kwame Gyan/facebook
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Simply chairman. They took a Junk risk and so be it.
Wei nyinaa firihe? Is it the clients who licensed Mensgold to operate? When did the regulators start issuing threats or warnings to clients? When Mensgold has attained public confidence cus it has been a successful venture for over three years. Sometimes I am tempted to believe that the regulators are the brain behind such schemes. I must say our institutions are working with a tortoise brain.........If they wait that long for adventurous individuals lose their monies.
I agree with you on this bruv. greedy ple. most of them have been collecting their 10% for soo many years now and may have received 100 times their initial investments but want the govt to pay them. In fact, I realize from their comments that all they want is for the authorities to take their hands off Menzgold so that they can continue with their operations. U hear them say "Menzgold never defaulted in their payments until SEC came in". Well, I regret to inform them that this is how ponzi schemes work. they collapse and run away with ur money without any notice. Most of them even went ahead to pay Menzgold to migrate them onto the online platform. If it is not greed and laziness then what else can these be? They shd go and look for NAM1 and collect their moneys. I can only plead on the govt help them arrest the guy but shd not dare use my tax to pay them.
Kwame Gyan? I don't even know him but I can tell the guy is really a blockhead. They all call themselves educated. Can someone tell me if the constitution prevents investment? And can someone tell me who is not greedy in Ghana? As far as I know, the investors are calling the government to arrest the criminal and liquidate his asset. No one is begging Akuffo Addo to use their corrupted money to pay them. A lot of ***barred word*** people in Ghana. This thing happens in America over and over and no one blames the investors because they are educated enough to know that humans are rational, and always want to maximize output with minimum input.
Great piece with lot sense. The government dare not use the taxpayer's money reimburse these greedy Individuals
Some Ghanaians r too greedy and lazy. What kind of work on this planet 760,000 can’t do? But you chose the lazy approach Nd now r crying. Greedy basterd! 10% interest every month, how werer expecting him to come up with that? U should have ask what he use ur money for that he is able to pay 10% so u can also do to get more since he get something out before giving da 10%. Always using government as carbon paper. This time it will not work. Whether u vote for him again or not, Ghana need mental revolution to put some of u on da right track.
You are very ***barred word*** did the investors told the government to stop them without having any plans for them,how can you stop them without having any plan for them,when did investing in your own country became a crime,if you don't have any plan for them leave them to risk their own money,you can just stop the business and go to sleep.If you know they dont have the required documents why didn't you stop them earlier but rather leave them to work what sense does it make.The government mess everything up n need to make sure the people are been paid.This is the most ***barred word*** government I've ever seen