Fraud -Thousands of Kenyans have been left in the cold after three suspicious Money Apps this week went under with their cash.
Notably, Amazon Web Worker App and Cash 24 App this week took away with millions of Kenyans’ hard earned money after operating for only 2-3 months. Those who had invested money into the Apps in the form of packages would receive some payments after participating in what was referred to as ‘order grabbing’ but before they got back their investments, the Apps suddenly became inactive.
Homenews.co.ke reported that investments in the said Apps started from sh 600 up to sh 1 million and those who had tested some proceeds within their first week would upgrade upwards not knowing that was the main secrete of the con App owners to lure a member to invest back whatever they had received.
For instance, Cash24, according to the publication, has been spreading around the country very fast and many Kenyans enrolled for the returns. It was a sure income every day for anyone who invested between sh 600 and sh 1 million. This encouraged a chain of referrals that saw the App owners bank millions every day.
Interestingly, Homenews.co.ke had a chance to look at the APP and, unfortunately, it was difficult to identify who owns it and which office they operated their suspicious activities from. The contacts on the App were international and couldn’t go through either.
All payments (deposits and withdrawals) were done through MPESA but for the victims who tried to reach out to Safaricom for help, couldn’t get much from the service provider who termed the APP as just their client like any other.
Cash 24H App shut down this week and for those who fell victim say they had invested some to the tune of sh 650,000.
“I started earning something last week, but I hadn’t recovered my money back. I expected to get my full investment back this week but the App is nolonger functional. The Web cannot be found. I had invested sh 80,000,” a victim divulged as quoted by Homenews.
The same fate fell those who had invested in Amazon Web Worker that had also promised huge returns for individual investments.
When it went down, thousands of Kenyans who had opened accounts and even referred so many friends including family and friends to join, lost huge sums of money as they couldn’t get access to their respective earnings on the dashboard.
Now helpless Kenyans want government to start cracking down on such risky online pyramid schemes that have mushroomed with an aim of fleecing Kenyans their hard-earned cash. Source: Homenews.co.ke
