{Police in this lakeside city have arrested seven people for allegedly stealing 100m\/- from citizens by convincing them to join a pyramid scheme.}<\/p>\n
The theft suspects were alleged to convince people to deposit an amount of money and harvest more within a short period of time.<\/p>\n
Mwanza Regional Police Commander (RPC) Mr Ahmed Msangi told reporters here yesterday that the suspects included a woman identified as Happy Aloyce( 35) a resident of Ilemela Street, who is also the Director of AQ Computer Limited.<\/p>\n
The RPC said different groups of people, including the woman, have recently emerged in Mwanza city swindling people out of huge sums of money.<\/p>\n
He said the woman and the people managed to collect 100m\/- through the scheme.<\/p>\n
\u201cOur investigation revealed that AQ Club is not a registered institution in accordance with the law, but is a business name of the suspect.\u201d<\/p>\n
Following the incident, the RPC Msangi has issued an alert to all citizens in Mwanza region, telling them to be careful with such people to avoid losing their money.<\/p>\n
\u201cThey took money from the citizens by purporting to increase their money and giving them more money than the amount invested.<\/p>\n
There is no such kind of investment,\u201d he warned. The RPC Msangi has also warned the public about the activities undertaken by the group of a private company Bega kwa Bega Microfinance Company Limited.<\/p>\n
He said people had already complained against the company and explained how the company swindled them of their money.<\/p>\n
\u201cPolice have already netted directors and some workers of that company and the charges are with the State Attorney for further legal action,\u201d he said.<\/p>\n
The RPC added that police in the region continued with the work against such swindlers.<\/p>\n
Investigation on the report from Amka Mwanamke institution (AMWA) also said the institution was involved in the illegal business.<\/p>\n
\u201cWe carry out investigation to know the truth of these reports,\u201d he said and alerted Mwanza Region\u2019s citizens and the surrounding areas to refrain from such kinds of illegal groups.<\/p>\n
Instead, he advised, people ought refrain from such illegal business and participate in production activities that generate legitimate incomes for their lives.<\/p>\n
He said the desire for a citizen to get quick riches has hurled many citizens to significant losses, resulting in their huge losses of money stolen by such crafty groups.<\/p>\n
\u201cCitizens should be aware that this is a criminals\u2019 trap of persuading citizens to join these groups so that they can steal their money,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
{Police in this lakeside city have arrested seven people for allegedly stealing 100m\/- from citizens by convincing them to join a pyramid scheme.} The theft suspects were alleged to convince people to deposit an amount of money and harvest more within a short period of time. Mwanza Regional Police Commander (RPC) Mr Ahmed Msangi told […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[99],"byline":[2476],"hashtag":[],"class_list":["post-32168","post","type-post","status-publish","format-standard","hentry","category-news","tag-greatlakesnews","byline-daily-news"],"bylines":[{"id":2476,"name":"DAILY NEWS","slug":"daily-news","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":2476,"name":"DAILY NEWS","slug":"daily-news","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/32168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=32168"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/32168\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=32168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=32168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=32168"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=32168"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=32168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}