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07.04.2019 General News

'Investor' Who Promised Cars, TVs Jailed 20yrs

By News Desk
'Investor' Who Promised Cars, TVs Jailed 20yrs
LISTEN APR 7, 2019

Nana Appiah Mensah lived a plush life while convincing people to deposit in Menzgold. Despite several warnings from state authorities, a speculated 60,000 Ghanaians invested in the company and now have their monies amounting to some GH¢200 million locked up.

The CEO of Menzgold, Nana Appiah Mensah is reportedly sitting in Dubai cells, undergoing trial for a non-related case.

Another finance company, DKM DKM Financial Services duped clients of some GH¢115 million.

The Finance Minister in November 2018 said some 80% of DKM victims have been paid.

Experts say more of such companies are spread across the country.