MTN Ghana has blocked about seven mobile money merchant accounts used for the operations of Ponzi scheme Savana Brokerage.
Savana Brokerage is a Kenyan Company located in Nairobi, which has been operating since 2014.
They were operating three packages; Knight Package, Queen Package and Kings Package.
Knight Package was a weekly form of investment where every customer was to invest more than GH 50 and afterwards were promised 10% on their money on weekly basis so investors tend to get 40% return on their capital at the end of the month.
Whereas the Queen package gets investors 60% on their investment after a month and the Kings Package also promised 100% return on any investment.
To invest, the victims say, the money is to be paid through an MTN Merchant and the operators of the scheme get access to the funds.
The payments according to them, was supposed to be a premium payment for an investment they were making.
However, during initial investigations by the MoMo Fraud Team, MTN appears to have blocked all the merchant accounts with huge monies stack in them.
The merchants are not able to go for the funds due to some irregularities and tax issues. The accounts are also under investigation by the telecom company.
They therefore asked their customers to resort to the
MMFraudTeam.GH@mtn.com in getting their concerns over the brokerage firm resolved.
Some numbers involved in the payments include
DE-CAPILLON ENTERPRISE – 557930040
KWAME BADERU ISAAC VENTURES KWAME BADERU ISAAC – 249305341
HAWABOOK VENTURES – 557955700
MATILDA YEBOAA – 240211070
AL-AWWAL CATERING SERVICE – 542074011
ONE ON ONE VENTURES LATERBIOKOSHIE GR – 542056755
KONADU ENTERPRISE – 241766233