Another Pyramid Scheme? Kenyans Lose Millions in Syndicate That Promised Five Times Profit
Rongai Town residents have voiced their displeasure with a credit company that they claim defrauded them of millions of shillings. The locals claim that the business opened a branch in Rongai Town at the end of 2021 and then used the promise of cheap loans and profits five times their deposits to entice people into opening savings accounts.
Another Pyramid Scheme? Kenyans Lose Millions In Syndicate That Promised Five Times Profit
Rongai Town residents have voiced their displeasure with a credit company that they claim defrauded them of millions of shillings. The locals claim that the business opened a branch in Rongai Town at the end of 2021 and then used the promise of cheap loans and profits five times their deposits to entice people into opening savings accounts.
"It's a Pyramid Scheme" Azimio MPs Slams the Hustler's Fund Shortly after its Launch
President William Ruto launched the Hustlers funds today in what has been termed as a great milestone to the low class people in the country. According to the president the move is meant to solve a burden of high interest that have been laid by money lending apps that have left over eight million Kenyans in CRB.