Post Tagged with: "Bank of Mozambique"

Pyramid schemes return to haunt Mozambique

June 25, 2020 7:16 am1 comment
Bank of Mozambique

from ARIMANDO DOMINGOS in Maputo, Mozambique MAPUTO – QUACKERY has reared its ugly head again in Mozambique’s financial services sector, prompting authorities to initiate another clampdown. The latest deceit comes in the form of pyramid schemes. The modus operandi of these bogus entities includes the assurance of periodic interest to members of the public […]

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