Camboa pyramid scam collapses
The get-rich-quick scheme which mirrors real life Ponzi rip-offs, robbed innocent people thousands of Rands. Scandal! weekdays at 7:30PM.
The online company was first introduced by Stokkies who encouraged people to invest as little as a R100 while promising impressive returns.
The Comboa storyline on #Etvscandal is exactly how Pyramid schemes like MMM operate.Initial investors get their dues while the rest get scammed.
— Mthiyane (@SifisoMdladla) February 21, 2018
People couldn’t resist the offer, they started investing and they got three times more than they had invested, and moved on to investing bigger amounts.
The website crashed and it turned out to be a fake get-rich-quick scheme, leaving investors distraught, angry, broke and taking their anger out on Stokkies.
Gontse lost her last R50 000.
#etvScandal have taught me alot about financial decisions in the past few episodes. Thank you
— Nyalunga Gezekile (@Gezzze) February 21, 2018
— Deep House (@_iamTeezaKF) February 21, 2018
Zinzile is so worked up for a thousand rand , God knows what she would have done if she lost 50K #Etvscandal
— Law Abiding Citizen (@Mthiimkhulu) February 21, 2018