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.
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.
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.