MenzGold Is Not A Ponzi Scheme - NAM1
MenzGold Is Not A Ponzi Scheme - NAM1

CEO of embattled gold dealership firm, MenzGold Ghana Ltd, Nana Appiah Mensah has emphatically stated that Menzgold is not a Ponzi Scheme.

NAM1 as he is popularly known stated during a press conference which is currently ongoing at the M&J Grand Hotel, East Legon stated that his innovative gold dealership firm is nowhere close to a Ponzi Scheme.

According to the daring Ghanaian CEO of MenzGold, his business model is just as innovative as the Internet, Uber, Facebook, Google, PayPal et al.

ALSO:  Akufo-Addo Will Not Place Ghana On Lockdown - Information Minister
MenzGold Is Not A Ponzi scheme - NAM1
Nana Appiah Mensah

NAM1 further explained that his company created a platform for gold dealership worldwide, and that the message of it being a Ponzi scheme is a malicious attempt on his company.

Giving out a gist on how MenzGold operates, NAM1 briefly explained saying that Menzgold’s platform was one for gold dealers to trade on the platform, paying commissions to his outfit.

ALSO:  Ghanaians Blast Wendy Shay Over 'Akufo-Addo - Invitation' Tweet

This revelation was made after a question of Menzgold being a Ponzi scheme was posed by Anold of Zylofon TV.

Checkout the video of the Press Conference below or Click Here for more videos