The Economic and Organised Crime Office (EOCO) has issued a statement describing Chinese Company called CHY CENTURY HENG YUE GROUP LIMITED/SAIRUI E-COMMENCE GHANA LIMITED, as aa ponzi schme.
EOCO in its statement said it has been monitoring activities of the company and discovered it is a ponzi scheme.
The company operates a Ponzi/Pyramid scheme and the general public is cautioned to desist from investing and patronizing CHY MALL. Therefore, anyone who transacts business with them does so at their own risk. Chy Mall, in its operations, allows customers to purchase a product online from the virtual shop through a free registration. Customers then purchase an investment package that ranges from GH<770 to GHÉ9,240. In addition, customers earn money by operating a trading account by owning an online shop and trading in Chy Mall goods in the shop and engaging in the networking referral system simultaneously or without engaging in the networking referral system. CHY MALL is operating illegally.”
Read the full statement below
By: Rainbowradioonline.com
