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Lesotho Citizens Lose Millions to SGK Pyramid Scheme

Popular app promised guaranteed returns for watching videos – and then stopped paying out

  • A pyramid scheme disguised as a digital marketing company, has collapsed, causing hundreds, and possibly thousands, of people to lose money.
  • Participants were recruited to invest money through an app and watch short online ads for guaranteed returns.
  • The app abruptly stopped paying out returns over the past few weeks and then asked participants to pay administration fees and taxes.
  • Lesotho’s Financial…

Read more on AllAfrica.com

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