Fake press statement from Menzgold tells customers to come for principal

"Come for 50% of your principal deposit"- fake press statement from Menzgold states

A new press statement purporting to be from Menzgold has popped up asking investors to come for 50% of their principal as a sign of good faith has popped up online but has been described as a fake press release by the management of Menzgold.

According to the press statement which has been identified as a fake release, in light of the court case between Menzold, Bank of Ghana and the Securities and Exchange Commission, Menzgold wants to give customers the opportunity to take 50% of their principal if they so desire.

SEE ALSO: Did NAM1 trigger Menzgold collapse to rescue his crumbling finances?

It explained that management reached the decision following countless appeals and grievances from their customers to take their principal.

It further stated that, besides the schedule being used to pay dividends to investors, another schedule will come out detailing when investors can go to Menzgold branches for 50% of their principal.

SEE ALSO: Will Zylofon Media survive if Menzgold collapses?

Just a few hours after the release went viral, management came out to denounce the press statement making rounds on social media. They described it as a fake release and called on investors to ignore it.


Fake Menzgold press statement

SEE ALSO: Ibrah One reacts to Menzgold reopen mockery with more ‘killer’ secret revelations about Menzgold [See]

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Rashad is a seasoned entertainment and lifestyle journalist who holds a Bachelor of Arts certificate in Social And Development Administration. He is also an award-winning publicist and social media enthusiast. For all your adverts, services and any related needs, you can reach Rashad on +233203713877 WhatsApp +233245475186 Email: [email protected] Do well to follow him on all his social media handles below and have A-Z news update on all trending issues


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