Don't Just Read the News, Understand It.
Get Started
SubscribeLogin
Israel-Hamas Conflict
Memorial Day
Republican Party
Cannes Film Festival
Artificial Intelligence
Social Media
Regulation
Education
Taxes
Donald Trump
US Politics
Senate
Baseball
Published • loading... • Updated

Ugandans lose Shs60b in football Ponzi scheme

Summary by Ground News
The last message BLQ Football Club posted on Twitter on October 12, at 11:54pm, simply read: I'm Out! The group had 5,648 members at the time of the collapse. The return of such scammers cannot be ruled out as Uganda has for more than two decades played host to classic Ponzi schemes built on treachery and lies.

2 Articles

All
Left
1
Center
Right
Daily MonitorDaily Monitor
Lean Left

Ugandans lose Shs60b in football Ponzi scheme

The BLQ scam leaves behind hundreds of Ugandans who had recently become millionaires. The supposed wealth vanished

·Kampala, Uganda
Read Full Article
fightscamsnow.comfightscamsnow.com

Ugandans lose Shs60b in football Ponzi scheme — Fight Scams Now

Ugandans lose Shs60b in football Ponzi scheme | The last message BLQ Football Club posted on Twitter on October 12, at 11:54pm, simply read: “I’m Out!” It was accompanied by a peace emoji. There was,

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Daily Monitor broke the news in Kampala, Uganda on Saturday, October 15, 2022.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Twitter

Twitter

News
For You
SearchBlindspotLocal