CONFIRMED: EOCO Confirms LOOM As SCAM

The Economic and Organised Crime Office (EOCO) has confirmed that the fast growing money making scheme, LOOM is a SCAM(maybe to the displeasure of many).

LOOM has gained popularity over the weeks as it promises a mouth-watering 800% return on investments. However, LOOM is just circulation of money, a pyramid scheme esque.

As soon as contributions cease, the LOOM comes to an abrupt end and people (those normally at the bottom of the LOOM) lose their monies.

Read EOCO’s statement below:

CONFIRMED: EOCO Confirms LOOM As SCAM - EOnlineGH.Com

Total
4
Shares
You May Also Like
Kwesi Nyantakyi sues Anas over Number 12
Read More

Kwesi Nyantakyi sues Anas over Number 12

Suspended Ghana Football Association president Kwesi Nyantakyi has sued ace investigator Anas Aremeyaw Anas for ridiculing him in the infamous Number 12 investigative sting. With two others, TigereyePI and one Ahmed Hussein Soale included as Respondents, Mr Nyantakyi is seeking damages for what he says is the violation of his fundamental human rights.
Read More