The Bank of Ghana, the country’s central bank has issued a fraud alert on MMM Ghana.
MMM Ghana is owned by MMM Global affiliate. This is the same group of people who ran MMM Nigeria, a Ponzi scheme of Russian origin that ruined many Nigerian investors before it collapsed in December 2016.
Bank of Ghana through its spokesperson, Caroline Otoo, said: It has come to the notice of the Management of the Bank of Ghana that an Entity named MMM Ghana apart from operating a virtual office is moving from place to place and mobilizing deposits from the general public.
