The CEO of RuffTown records and artist manager best known in the industry as Bullet has announced the sad passing of his uncle in his recent Instagram post.
Bullet went on to reveal that his uncle has died out of the result of his locked up cash in the Menzgold saga. “Sad news I just lost my uncle because of his locked-up funds at Menzgold,” bullet wrote on social media.
The artiste manager, who is behind the management of Wendy Shay, quizzed “so are we going to sit aloof and watch the sweat and hard-earned money of innocent individuals been locked up with no proper surety of payment?”.
Nana Appiah Mensah’s Mezgold was a Ghanaian gold dealership and investment firm that promised customers an average of 7-10 percent monthly returns on investments. It was shut down in 2018 by the SEC.
The Bank of Ghana backing SEC’s action said the company’s operations were illegal because “they were more or less taking deposits which we disagreed with and they have also had issues with the SEC”.
Ever since its closure, customers have been crying for their locked-up investments to be paid to them but the company has not been able to do so despite making promises.
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