The convener of the Coalition of Aggrieved Menzgold Customers, Fred Forson, has revealed that life has not been easy for members of the Coalition over the last few years.
According to him, most of the members have suffered various ordeals, with many losing hope about the future.
Speaking in an interview with Aisha Ibrahim on PM Express on Tuesday, Mr. Forson explained that, the inability of customers of the defunct gold dealership to recoup their monies has led to various predicaments, including death in some cases.
"It's not been easy. We have several cases of people in very dire conditions in terms of sickness. There are many who have even passed and others' future is bleak.
Some are down with various degrees of illness and many businesses have to be shut down because their investments are locked up in Menzgold. So life has been very very unbearable and we live with the consequence of the problem each and every day with us", he said.
Mr. Forson made these comments while contributing to discussions on ponzi schemes in Ghana and their effects on the populace.
In his submission, he said apart from the controversial Menzgold saga, there have been various variations of ponzi schemes, deliberately designed to exploit the public.
He therefore urged the public to be vigilant in their transactions and other investment activities.
The conversation about ponzi schemes on PM Express was on the back of the recent arrest of the leader of the Heaven Way Church, Patricia Asiedua, popularly known as 'Nana Agradaa'.
'Nana Agradaa' was arrested on Sunday, 9th October, 2022, after some members of her congregation accused her of cleverly deceiving them and running away with their monies.
According to the aggrieved congregants, 'Nana Agradaa' promised to double their monies through her special spiritual endowments.
Based on this assurance, the affected worshippers said they were convinced to give her various sums, in expectation of multiplied outcomes.
But in a series of viral videos on social media on Saturday, the church members who reposed confidence in the recently converted fetish priestess said their monies have not been doubled, with no trace of Nana Agradaa.
Latest Stories
-
Insinuating Bagbin is not heeding calls for recall because he is NDC unfounded and unfortunate – Parliament
34 mins -
Ashanti, Nelly are engaged and expecting a baby
1 hour -
New Ghana train on test run involved in accident
1 hour -
World Bank, AfDB partner to provide 300m African’s with electricity access
2 hours -
Ghana wins preliminary ruling in Cassius Mining’s $300m international arbitration
2 hours -
Ghana’s revenue-to-GDP ratio to exceed 17% within next six years, but expenditure to remain flat – IMF
2 hours -
Gborbu Wulomo didn’t marry Naa Okromo – Chieftaincy Minister
2 hours -
Oquaye Jr. says he’s undeterred by ‘propaganda’ twist to viral laundry video
2 hours -
Ghana’s debt-to-GDP ratio to tumble to 69.7% in 2029 – IMF
2 hours -
Interior Ministry imposes 4pm to 7am curfew on Sampa
3 hours -
Child marriage: Teenage girl to be released to her family – Gender Minister-designate
3 hours -
Naa Okromo is 15 years old, still a virgin and not married to Gborbu Wulomo – Government
3 hours -
GhIE condemns intervention by Ashanti Regional Minister in ECG Affairs; commends ECG GM for upholding regulatory standards
3 hours -
GPL: Asantehene tasks Asante Kotoko to do ‘better’ after crucial meeting
3 hours -
Why Sam Jonah can’t trust Ghanaian journos to cover Election 2024 professionally
3 hours