Kenyans Left in Tears After Suspected Ponzi Scheme Vanishes with Millions of Money

Kenyans Left in Tears After Suspected Ponzi Scheme Vanishes with Millions of Money

Many Kenyans have been left crying after falling prey to a suspected online Ponzi scheme dubbed Amazon Web Worker Africa.

Amazon Web Worker, which was accessible via mobile and web application, falsely claimed to be an affiliate of Amazon Inc. Similar to other pyramid schemes that have scammed Kenyans of their hard-earned cash in the past, Amazon Web Worker users earned money by referring other users to the platform.

Its developers promised users that they could earn between Sh2500 and Sh5,000 in just 10 minutes every day. But its mobile application on Google Play as well as its website suddenly disappeared on Saturday, sending Kenyans who had invested their money on the platform into panic.

Victims said the platform initially paid out, which encouraged many users to invest even more money and invite their friends. Deposits from users were wired to Renak Technologies Limited while pay-outs were made by Kivaa Ventures Kenya Limited B2C.

The allure of making quick cash led many Kenyans into signing up for Amazon Web, which was launched in Kenya in March.

Those who registered were required to subscribe by buying one of the packages and complete various tasks to make varying amounts of cash daily.

"Amazon web Worker is a platform dedicated to help internet entrepreneurs and aspiring internet entrepreneurs succeed. If you are trying to make a living online in any form, then you are an internet entrepreneur, this platform was created to help you," a statement on its app read.

One of the victims said he had invested Sh300,000 in the scheme while another had pumped in Sh50,000.
 

Comments

GuestC (not verified)     Mon, 05/17/2021 @ 09:58am

Victims why? 300k and 50k surely? Online scam hamuijui mumejua leo...I swear I think am not the sharpest tool in the box but I can't fall for some things

Anonymous UI (not verified)     Mon, 05/17/2021 @ 10:30am

If it's too good to be true, it probably is.
Question anything foreign. The true test of anything foreign is:
Be able to see it or touch it or to a government policy is one that we are not capable of making in the country ( like machineries)
Anything else is fake:
Time to go back to who we are. These schemes especially on the internet will increase as parasites and idlers find new ways to hold on to the host.
Not for long, the relief is on the horizon.

Mbwana (not verified)     Mon, 05/17/2021 @ 10:52am

Kweli ni sawa kupigana na umasikini kabisa lakini.....mifano migii sana hiliyopita ya Ponzi Scheme HAITOSHI!!!

Kitainge (not verified)     Mon, 05/17/2021 @ 11:56am

I thought Ruto said we have ‘shortage of fools’ in Kenya?! Clearly our country is still full of greedy investors lacking due diligence before committing their hard earned cash thro baseless online schemes. Home many more times should you be conned in Kenya before you wake up and learn? You got what you deserve. Keep counting your luck, keep getting conned! Afterall this was idle lying funds that you had use for or did not need!!!

Builder (not verified)     Mon, 05/17/2021 @ 01:33pm

How did the MMM end or still ongoing? It was run by Russians.
The only way to win in ponzi scheme is to be the 1st to get in and 1st to get out. Milolongo Kati au nyuma hapana

Mundumugo (not verified)     Mon, 05/17/2021 @ 01:36pm

We can posit the following:
1)There is a sucker born every minute
2)Greed is eternal
3)Everyone is looking for quick profits
4)a greedy sucker with a yen for quick profits will soon be taken to the cleaners.
Next time these "victims" won't be so easily scammed by promises of big, quick riches

Mathenge (not verified)     Mon, 05/17/2021 @ 03:17pm

Kenyans never scrape to amaze me when it comes to these cheap scams! Do people have to get themselves conned over some greed? It really beats me!

Morris Menye (not verified)     Mon, 05/17/2021 @ 03:19pm

Congratulations Mr/jambazi/rev/dr.Conman.Good job for pocketing excessive money for these fools,your targets/clients.Somebody told me that ”dr””rev”Kariuki Ngari,a.k.a,Gakuyo,the guy who conned bongolala Kenyans(at home and in diaspora) shs 7b+ is still going strong.Ati he is being paid by Kenyans shs 2m per month for being majambazi Uhuru & Nyoro’s financial advisor.

Maxley (not verified)     Mon, 05/17/2021 @ 03:53pm

Homosapiens never seize to amaze me!While others are hard working to get a basket full of berries,others are way laying to get that basket for free.Then some homos high up create laws to say that if you take that basket full without permission,we shall punish you by locking you up,and feeding you for free-,Yeah what a deterrent.
Seriously how can you make money by preying on peoples 'vulnerability and feel good about it?
This is not the first nor the last; unfortunately.
If science came up with some pill that tweaks something in the brain and make homosapiens less violent and crime oriented should all citizens of the world take it? May be that's what science should work on to make abetter world.Scientists seem to have apretty good idea of how the bran works. May be its just amatter of time.
My two cents.

Mkenya halisi (not verified)     Mon, 05/17/2021 @ 07:08pm

🤣🤣the best or the worst scheme is The green card one which is real but it’s pure modern slavery if u get iin n not become smart as many have left big good confortabke jobs in their mother country bin promised of free housing/car/free education but ukifika majuu unaanza pale chini kuwa watchman/kufagia tucucu na tuguka matako having left yr good job/comfort in yr country then unarundishwa chini kama termites.We need to be very smart people n use our brains

Mundumugo (not verified)     Tue, 05/18/2021 @ 09:16am

In reply to by Mkenya halisi (not verified)

There you go again. This is about a scam in the 254. As for the green card lottery, could you direct people to the page that promises free cars and a free education. Anyone with internet access can research the lottery process and if you do your due diligence you can ask diasporans about the actual conditions. As for for leaving a good job in Kenya, I agree that may not be wise but if you are young and prospects look slim, take a chance, if it doesn't work out, go back to Kenya. Now go back to your eggs, skinny cows, and whatever else your imagination conjures up.

Kaswende (not verified)     Mon, 05/17/2021 @ 08:53pm

We have complained time and again that Kenya govt has failed as thievery is everywhere. Most of these stolen funds go to the pockets of those in power to consolidate their wealth. Remember Deci , uriithi thieves and many others. CID IS FAKE since they can't recover this money .Kenya government should compensate the victims or apprehend the thieves and make them pay back.Who will save Kenyans .Go to the streets resist this irresponsibility.

Kenya (not verified)     Mon, 05/17/2021 @ 10:07pm

Some people love to be scammed. This is the a big red flag "earn between Sh2,500 and Sh5,000 in just 10 minutes".

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