Customers of gold dealership company Menzgold are getting agitated as the day passes by as their monies are locked up at the company, with no hope of when they would be getting their money.
The Securities and Exchange Commission (SEC) asked the company to stop trading in gold collectibles and taking in new customers in September until they are ready to provide documents that guide their operations, but till date they’ve not met the requirements of the SEC.
Although the company had made several promises via press releases to pay customers, there’s no real evidence that people have received even up to 50% of their principal they invested with the company.
In a new video captured and shared by BBC Pidgin, customers are seen wailing at the Dzorwulu branch of the company, with one woman revealing that she has Ghc760,000 with the company.
The woman lamented that, if the president didn’t step in the matter, then things would turn bad in the country for all of us. She also added that she has kids she has to take care of and desperately needs the money.
Another man also revealed that he has Ghc100,000 invested with the company and is unable to sleep because of the situation.
Watch the video below: