Victims of microfinance scam appeals to President

The 80, 000 people in the Volta Region who have recently been swindled of a total of GHS 36million by some  microfinance companies have renewed their appeal to President John Mahama to intervene and help them to retrieve their monies.

Some of them, including visually impaired and other physically challenged persons, said that they had fled their homes to avoid the wrath of people they are now indebted to.

Others who were shop owners have now closed down their shops and sold every item at give-away prices to survive the hardship.

A spokesman of the fraud victims who converged at the Ho-Dome Zion Park at the weekend Mr. Richard Hadzidey, mentioned the companies as Little Drops, Royal Foundation, Global Lead and Global Foundation.

The rest are Marceph Wealth, Prosperity and Good Health and Develop Winners.

Mr. Hadzidey said some of the victims who were convinced by the false marketing plans the companies offered took loans from the banks to enter into business with the companies only to realise that they had been conned.

According to Mr. Hadzidey, the owners of the companies who were from the Volta Region had deserted their office premises.

“We are, therefore, appealing to you, President Mahama as the father of the land to use your good office, to get these companies to pay us our monies,” Mr. Hadzidey added.

The victims on July 14, this year took to the streets of Ho in a demonstration to highlight their plight.


From Alberto Mario Noretti, Ho

Print Friendly

Leave a Comment