Zimbabweans who invested more than $ 5 million in a pyramid scam in order to get rich quickly, calculate their losses after the owner of the system failed to repay their investments claiming that his Bitcoin account was blocked.
According to bulawayo24.com, the Crypto Share investment plan was created by Martin Mhlanga, a Zimbabwean living in South Africa.
According to the victims, the investors paid the $ 30 membership fee to be part of the team. In addition, they paid an initial contribution of $ 300 for the person who brought in a new investor.
Who is responsible and what to do ?
A resident of Zimbabwe gave an anonymous interview to NewsDay where she said that on Wednesday she almost committed suicide after not receiving her first promised payment of $ 95,000.
“I am Zimbabwean, one of the people who invested in Crypto Share. In July I should have received my first payment and then I was promised that I would receive the same amount every month, but now Mhlanga has disappeared” – she said.
According to the victim, she sold her house for $ 75,000 and took out a loan of $ 20,000 to invest $ 95,000 hoping to double the amount soon.
The woman claims that Mhlanga kept coming up with different fascinating projects in which she wanted to participate. For example, he offered to invest at least $ 1,000, and in a month to make a profit of $ 2,000.
“At first I believed him because I saw a lot of testimonials and positive reactions in his WhatsApp groups. Now I understand that those who testified that they received several payments were people hired by him, and their purpose was to deceive us,” – she added.
One of the victims, Elina Tshuma, who invested $ 10,000 in July, also did not receive her first promised payment. “I took all the money my husband and I had saved and convinced him to invest in Crypto Share, because it was our chance that he accepted. But now we don’t even talk, and if I don’t get my money back, it will be the end of our marriage. – – she said.
There is nothing left to wait
Mhlanga postpones payment dates since July apologizing each time. This Wednesday, he once again asked investors to pay 10% of their invested money so that he can unlock his account and make all payments.
Currently, more than 50 groups that testify to the facts of this scam can still be found on WhatsApp, The victims of the scheme have also created several groups to discuss how they could get their money back.
Attempts to contact the scammer were unsuccessful : his number is unavailable, and no one knows where he is at the moment.
Attackers work according to successful schemes that allow them to enter the trust of users in order to deceive them later. Be careful and note that the promise of returns over 50% or even 100% is a dangerous factor, which means they want to mislead you.
I’m sure blockchain and cryptocurrencies represent the future, and I want to get this idea across to everyone because the more people there are to believe in cryptocurrencies, the faster the future will come.
DISCLAIMER
The comments and opinions expressed in this article are solely those of the author and should not be considered as investment advice. Do your own research before making any investment decisions.
