It has emerged that embattled Chief Executive of troubled gold dealership firm, Menzgold, Nana Appiah Mensah was planning to take photos with some African leaders.
The move by Nana Appiah Mensah was to give credibility to his company which was paying outrageous interest to customers.
The African leaders revealed by Captain Smart, host of Fabewoso, an anti-corruption segment on Adom FMs Morning Show “Dwaso Nsem” are Presidents of Nigeria, Tanzania, South African, Rwanda and Kenya.
His plan, however, did not materialise after the Securities and Exchange Commission (SEC), issued a stern warning to the gold firm.
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Talking of Menzgold being a Ponzi scheme to a larger extent makes a little bit of sense and it seems Nana Appiah Mensah, popularly known as NAM1 had a perfect game plan right from the onset.
It has been revealed that, some Ghanaians who invested hugely with some taking loans, selling family houses and properties did so due to the huge endorsements by some very important, wealthy, powerful and influential people in Ghana.
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Nana Appiah Mensah within a short time met wealthy, powerful and influential people in society which to a larger extent convinced the majority of Menzgold customers that the business was very genuine and viable hence took the risk to invest.
This turned out to be one of his plans to get people to invest in Menzgold.
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While some reports indicate that NAM 1, has been arrested in Dubai over a botched gold transaction, others report that he is calling shots and diffusing tensions in Ghana his hideout.
Meanwhile, authorities have remained tight-lipped, leaving the public to speculate.
Listen to Captain Smart’s full report on Fabewoso above
Please tell captain Smart to go and study cybersecurity, I was shocked to hear him this morning saying the man took picture with Nana Addo, Mr Kuffour, Otumfour etc. so the people thought he was genuine. Come on Mr Smart do u really understand fraud? Look every fraudster sees everyone as greedy including u and me, that is the strength of a fraudster and hacker(black hacker) Let me tell u, if Nam1 takes picture with Jesus Christ and write ‘Jesus thank u for your advice I will not do that business with him’. We are talking about cyberscrime, cybersecurity and fraud here then you are talking about pictures. Stop that ignorance and tell the president to educate Ghanaians what is fraud, cybersecurity and cybercrime. Look a fraudster can dupe the president himself, they are real smart and find every tools to exploit based on our vulnerabilities. It is only greediness that moves fraudsters to get us. How can you deposit 1 million and earn 100,000 interest a month? Where will such person get that money and pay u if the person is not a fraudster. Let us beg the president to help the menzgold clients we can’t leave them like that they need us, they are part of us so we must help them with our taxes because we can’t leave them to die. But stop saying things u don’t understand. Thank u
APlease tell captain Smart to go and study cybersecurity, I was shocked to hear him this morning saying the man took picture with Nana Addo, Mr Kuffour, Otumfour etc. so the people thought he was genuine. Come on Mr Smart do u really understand fraud? Look every fraudster sees everyone as greedy including u and me, that is the strength of a fraudster and hacker(black hacker) Let me tell u, if Nam1 takes picture with Jesus Christ and write ‘Jesus thank u for your advice I will not do that business with him’. We are talking about cyberscrime, cybersecurity and fraud here then you are talking about pictures. Stop that ignorance and tell the president to educate Ghanaians what is fraud, cybersecurity and cybercrime. Look a fraudster can dupe the president himself, they are real smart and find every tools to exploit based on our vulnerabilities. It is only greediness that moves fraudsters to get us. How can you deposit 1 million and earn 100,000 interest a month? Where will such person get that money and pay u if the person is not a fraudster. Let us beg the president to help the menzgold clients we can’t leave them like that they need us, they are part of us so we must help them with our taxes because we can’t leave them to die. But stop saying things u don’t understand. Thank u