While scammers have continued to have a field day in the country, there is a new widespread wave operating in the name of online stock trading.
On a December morning in 2007, Kenyans woke up to one of the country's biggest financial scandals. Hundreds of thousands of people had lost an estimated Sh8 billion to at least 271 pyramid schemes that collapsed almost simultaneously.
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While scammers have continued to have a field day in the country, there is a new widespread wave operating in the name of online…
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South Africans increasingly fall victim to investment scams promoted through social media, prompting tougher protection efforts.
The article highlights Kenya’s growing stock of unclaimed financial assets worth over Sh115 billion, arguing that better systems…
Obinna Chima, Editor, THISDAY Saturday
Social media is SA’s biggest financial scam vehicle
