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.

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.

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