Beware of Charles Ponzi schemes
A Ponzi scheme simply generates returns for early investors by acquiring new investors.
By Batanai Matsika
Aug. 9, 2024
Protect your money, secure your future
Almost anyone can open a bank cccount and complete a transaction in the comfort of their own homes.
By Clive Newengo
Mar. 24, 2024
Our education is like a well-crafted ponzi scheme
Consider this analogy: Imagine a person promising to invest your hard-earned US$100, assuring you that they will magically turn it into US$1 000 within a week.
By Amh Voices
Mar. 23, 2024
Ponzi scheme founders denied bail
The accused launched the company as an online e-commerce operator.
By Desmond Chingarande
Jul. 23, 2023
Perspectives: Unraveling the mechanics, dangers of pyramid schemes
Pyramid schemes are prevalent scams that operate on a "trickle-up" economic theory.
By Michael Zuze
Jul. 21, 2023
E-Creator founders a flight risk: Police
Detective Brighton Samaneka said the E-creator founders were a flight risk, hence were not proper candidates for bail.
By Desmond Chingarande
Jul. 18, 2023
Police arrest E-Creator ‘director’
Nyathi warned members of the public to restrain from participating in Ponzi schemes purportedly offering quick investment returns.
By Donald Nyandoro
Jul. 13, 2023
Govt’s bad economic policies expose citizens to ponzi schemes
If anything, the latest ponzi scheme pulled by E-Creator which prejudiced citizens of over US$1 million just shows how much Zimbabweans are struggling and desperate to make ends meet.
By Newsday
Jul. 7, 2023
Ponzi scheme founder flees with ‘investors’ US$1m
E-Creator was registered as a limited liability company in Zimbabwe, displaying a certificate of incorporation on its website.
By Priveledge Gumbodete
Jul. 7, 2023