Why are we difficult to learn?

Mmegi Editor | Tuesday October 18, 2016 16:03

The scheme operates in such a way that it affords its customers an opportunity to sell its products, and recruit more sales reps to make more money. They have to reach a prescribed number of sales reps to benefit from their investment.

From the report, some people have spent over P100,000 with the hope of making more money and even getting rewarded with a vehicle, which was part of the package to entice the victims.

However, their investments turned out to be a fraudulent exercise and their ‘employer’ is nowhere to be seen.

He has disappeared with their money and it is going to be a long battle for them to recover the lost money. Infact, they may never get their money back.

In this age of internet and free advertising, it is easy for people to fall prey to unscrupulous individuals who use all means to get rich quickly.

It is therefore baffling to see people getting robbed by fraudsters when they could simply take their time to find more information about such schemes they are engaging in.

For instance, one could use the phone to confirm the authenticity of the scheme they are engaging in. 

Losing such a lot of money to fraudsters can result in irreparable damage such as long term family conflicts, break down of families, and even loss of property.

Despite numerous warnings about some of these schemes, people continue to engage in them with a hope of making money.

We have had these schemes in the past, and many, if not all of them have turned out to be scams and we wonder why our people refuse to learn from the past. With police having opened a case of fraud, we hope that the culprits will be brought to book to have their day in court.

We also call on members of the public to always take a step further to investigate these schemes before pouring their money in tÅhem.

More of these schemes will come in the future, in a totally different form, but we appeal to the people to be extra cautious before investing in the schemes.

It will be a mountain of a task for the police to arrest the suspects and bring them to court since there are indications that some of the transactions may have occurred outside the country.