Categories: TechnologyZim Latest

Bulawayo woman loses over US$5,500 in Bitcoin pyramid scheme

The Zimbabwe Republic Police is investigating a case of fraud where a Bulawayo woman (35) was defrauded US 5 580 and ZAR 2500 after being lured to invest the money in a Bitcoin pyramid scheme.

She was supposed to harvest 20% interest after every 10 working days.

Meanwhile Police urges the public to avoid pyramid schemes which end up fleecing them of their hard earned cash.

Apparently, ZRP is warning members of the public against giving lifts to strangers who end up robbing them.

This follows an incident on 04/12/21 along Harare-Bulawayo Road where, a Harare man (23) driving a Toyota Rav 4 picked four passengers destined for Kwekwe at Harare Show Grounds before being robbed of the vehicle and other valuables at the 50km peg.

Zwnews

Share

Recent Posts

Gvt tells journalists how to report on Gukurahundi hearings

The government through the Zimbabwe Media Commission (ZMC) has produced the "Gukurahundi Code of Conduct… Read More

28th February 2024

Virtual court hearings unconstitutional, Zim not ready for paperless court sessions- PLC report

In August last year the High Court Rules were amended by SI 153/2023 to allow… Read More

28th February 2024

Police recover cash and goods worth US$145,000 stolen from Quest Financial Services after arrest of 6 suspects

The Zimbabwe Police say they have recovered cash and property worth US$145,000 from six suspects… Read More

28th February 2024

NOT GUILTY: Court overturns Mahere’s conviction

The High Court acquitted former Citizens Coalition for Change legislator Fadzayi Mahere on appeal, following… Read More

28th February 2024

You must face the music, Temba Mliswa tells daughter who was arrested on drugs abuse charges

Former Norton Independent Member of Parliament Temba Mliswa says he has let his daughter arrested… Read More

28th February 2024

Warriors captain Nakamba’s return to competitive action before end of season doubtful, coach

Luton Town gaffer Robe Edwards is not sure if Warriors skipper Marvelous Nakamba will be… Read More

28th February 2024