Chy Mall is a ponzi scheme, don’t invest in it – EOCO

Chy Mall is a ponzi scheme, don’t invest in it – EOCO

The Economic and Organised Crime Office (EOCO) has cautioned the public against investing in a Chinese Company called Chy Century Heng Yue Group Limited and Sairuir-Commerce Ghana Limited.

EOCO in a news release said this is because the company is operating a Ponzi/Pyramid scheme and operating illegally in the country.

“The company which is registered as online trading and marketing services also solicits and takes/receives funds through investment packages from its customers with a promise of guaranteed returns/margins of various percentages over a fixed short period of time,” the release said.

“The company operates a Ponzi/Pyramid scheme and the general public is cautioned to desist from investing and patronizing Chy Mall. Therefore, anyone who transacts business with them does so at “their own risk.”

More to follow…

Press Release Chy Mall2 on Scribd

Source: Graphic.com

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