Loom is a scam Β» Scammer News

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Loom operated using the strategy of network marketing

In 2019, the Economic and Organised Crime Office (EOCO) announced that money-making scheme, Loom was a scam.

In a press release, EOCO called on Ghanaians to be cautious and not invest their monies into this ponzi scheme.

It furthered that people who do not pay heed to this advice do so at their own risk.

The release, signed by the head of public affairs, Jacqueline Avotri indicated that β€œLoom is a scam and the general public is cautioned to desist from investing and patronizing the Loom.”

Loom operated using the strategy of network marketing.

Read the full story originally published on June 15, 2019 by ClassFM.

The Economic and Organised Crime Office (EOCO) has issued a warning to Ghanaians to be wary of the Loom money-making scheme, describing it as a scam.

β€œIt is a scam and the general public is cautioned to desist from investing and patronizing the Loom,”…

Read full article at scammernews.com